FOR SALE
10/06/22
455
Amerciam_Cream_Broadway / Rightbiz
LOCATION: |
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The property is located on the main high street within the affluent and leafy suburb of Cheam and is within easy reach of surrounding towns and direct trains into Central London in under 40mins |
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DESCRIPTION: |
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0’The restaurant consists of a large dining area for 30 covers (plus), 2 outside front tables, 1 medium storeroom, a good-sized utility area and large loft space, accessible by a drop-down ladder. The main restaurant interior includes a large front of house counter and fully equipped kitchen with a charcoal grill, gas and electric cooker, 2 fryers, 2 microwaves and refrigeration units. The storeroom and loft include further refrigeration units. The ground floor accesses a rear end delivery area with 2 parking spaces. |
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BUSINESS: |
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The restaurant was founded over 20 years ago and has an established and loyal large clientele of local residents, visitors and commuters. |
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USES: |
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Class E & the old A3 |
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PREMIUM: |
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£120,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill |
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RENTAL: |
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£18,000 per annum |
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TERMS: |
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The current renewable lease runs until 2030 providing long term security of tenure |
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BUSINESS RATES: |
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Nil |
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OPENING HOURS: |
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7 days a week 11:00 a.m till 10:30 p.m |
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TURNOVER: |
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Current turnover in excess of £260,000 per annum |
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ACCOUNTS: |
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Available on viewing |
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LOCAL AUTHORITY: |
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Sutton |
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COVERS: |
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30 Covers |
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PARKING: |
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The ground floor accesses a rear end delivery area with 2 parking spaces. |
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REFERENCE CHARGE: |
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London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord |
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AGENT NOTE: |
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London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
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VIEWINGS: |
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Through London Properties by appointment only |
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.