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Finance And Services:

Business For Sale. Licenced Restaurant/cafe In Exclusive Area Chelsea London

LISTING DETAILS
Firms For Sale ID:
34696
Vendor reference:
E7558FS
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£660,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Trading hours:
Mon – Sat 9.00 am - 11.00pm & Sun 11.30 am – 11.00 pm.
Number of employees:
13
Employees / staffing:
10 full time & 3 part time

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Secure 12 year renewable lease with 5 yearly rent reviews at a current rent of £85,000 per annum. NOTE: 1st floor office is included which has 15 years lease to 2026 @ a rental income of £5,000 per annum.
BUSINESS DESCRIPTION
In a large parade of bespoke outlets on a very busy main road, excellent passing trade, classy residential area, etc. 1,000 sq ft grd flr (82 seats) + 1,000 sq ft basement, tkg £15,000 - £16,000 pw. Secure 12 yr renewable lse, 5 yearly reviews, rent £85,000 pa, rates £41,360 pa. Estb 50 yrs.