Mediterranean Restaurant for Sale in Battersea with 1,377 sq. ft. and long lease until 2047
Battersea, London
- Status
FOR SALE
- Advert ID
658316
- Reference
RPS-23374 / Rightbiz
- Call Agent:
- Leasehold: £175,000 (Stock at valuation)
- Rent: £47,000 (£3,917 per month)
- Turnover: £390,000 (£7,500 per week)
- Profit: Not Applicable
Key Features
- Attractive leasehold opportunity
- Bar and cash register setup
- Business sale price available
- Comfortable dining space
Business Details
Mediterranean Restaurant for Sale in Battersea. Circa 1,377 sq. ft (ground floor & basement)
Mediterranean Restaurant for Sale in Battersea
Property ID: RPS-23374
PROPERTY & BUSINESS SNAPSHOT
Type
Mediterranean Restaurant
Location
Battersea Park Road SW8
Lease expiry
Ending in May 2047
Rent
£47,000 p.a. exclusive
Rent review
Every 5 years with stepped rent agreed
Floor area
Circa 1,377 sq. ft (ground floor & basement)
Covers
Circa 39 covers
Rateable value
14,250
Business rates payable
Circa £5,443.5 per annum
Permitted use
Restaurant (Class E)
Annual Turnover
Circa £390,000 (circa £7,500/week)
Ancillary
Gas, 2 extractions & premises licence
Premium
£175,000 (Lease and FF&E)
LANDLORD’S REQUIREMENTS
- Guarantor required (subject to references)
- 6 month's rent deposit required (subject to references)
- Other usual checks will be carried out
MAIN DETAILS
- Restaurant premises in a well-connected Battersea location with circa 764 sq. ft with an open plan kitchen on the ground floor.
- The basement is 613 sq. ft and accommodates additional extraction, prep area and ample storage space
- It benefits from gas, 2 extractions and a premises licence, providing the essential infrastructure for restaurant and takeaway operations.
- The business generates an annual turnover of circa £390,000, equivalent to approximately £7,500 per week, and benefits from a long 21-year lease ending in 2047.
THE LOCATION
- The property occupies a position on Battersea Park Road in Nine Elms, surrounded by residential properties, local shops, cafés and other food businesses.
- The area benefits from a mix of local residents, commuters and visitors, with transport links and the wider Battersea and Nine Elms regeneration area contributing to the local catchment.
- Offers an established mix of restaurants, cafés, shops and local amenities, creating an attractive environment for food and hospitality businesses.
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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