- Listing ID: 431163
- (Seller ref: R2498L)
Charming Chelsea Licenced Restaurant With Excellent Takings For Sale
Price Reduced
- Location:
-
- UK
- > England
- > South East
- > London
- > Chelsea
- > Chelsea
- Category:
- Type:
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Summary
- Asking price:
- £449,950 (Furniture / Fixtures and Inventory / Stock included)
- Turnover:
- £780,000
- Net profit:
- Available on request
- Years established:
- 1976
Business description
Charming Chelsea Licenced Restaurant With Excellent £15,000 weekly takings
LOCATION: This is a rare opportunity to acquire a restaurant In this most prestigious and highly sought after area.
DESCRIPTION: Prominently sited corner premises is arranged over ground, first and second floor levels. The 1,005 sq ft ground floor comprises a beautiful 50-seater restaurant which has enormous charm and character. There are fully-opening sliding doors at the front and it is backed by a glass wash-up area, excellent kitchen, cold store and an additional storage room. The main entrance to the restaurant is from the side and from the entrance lobby stairs ascend to a 915 sq ft first floor with lovely 35-seater restaurant, a 16-seater party/function room, store, cloakroom and ladies/gents/staff toilets. On the 355 sq ft second floor is a further store room, plus a staff room and admin office.
EQUIPMENT: The restaurant has an extensive range of trade equipment and a full inventory will be available for purchaser.
BUSINESS: This well established business has been in the same family hand since 1976. We are informed accounts show takings of approx £15,000 per week with a high gross profit margin of 72%.
HOURS: Mon – Sun Midday to 11.30 pm.
ACCOMM: There is no residential accommodation.
TENURE: Lease commenced in June 2001 for a term of 15 years and the current rent is £104,000 per annum with reviews every 5 years.
RATES: Business rates payable are approx £48,000 per annum.
Property information
- Property:
- Leasehold
- Lease terms:
- Lease commenced in June 2001 for a term of 15 years and the current rent is £104,000 per annum with reviews every 5 years.
- Leasehold rent:
- £104,000 per annum
- Location:
- This is a rare opportunity to acquire a restaurant In this most prestigious and highly sought after area.
Contact the seller
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- > England
- > South East
- > London
- > Chelsea
- > Chelsea
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