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Established And Profitable Restaurant In Hampton Court For Sale

Hampton Court, London, UK
Asking Price:
£570,000
Turnover:
£832,000
Net Profit:
£100K - £250K

Established & Profitable Restaurant for Sale in Hampton Court

Well established and profitable restaurant for sale in proximity of Hampton Court Palace. This restaurant for sale is situated in a prime location near Hampton Court, a historic landmark and popular tourist destination in the London Borough of Richmond upon Thames and part of Surrey. The restaurant benefits from its proximity to Hampton Court Palace, beautiful gardens, and the bustling local community.

This is a rare opportunity to acquire a highly successful and profitable restaurant that has consistently generated a net profit exceeding £200,000 over the years. With a stellar reputation and a strong customer base, this restaurant has become a go-to dining destination for locals, tourists, and special occasions alike

MAIN FEATURES

Excellent View of Bushy Park
Diners can enjoy the view of roaming deers
Well Established & Profitable Restaurant
Net profit of over £100,000
Retirement Sale
Walking distance from Hampton Court Palace
Excellent Condition & Sought after location

LANDLORD’S REQUIREMENTS

Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references

LEASE DETAILS

Lease: Grant of new 15 years FRI Lease
Rent: £45,000 PAX to be reviewed every 5 years
Premium: £570,000 (Business, Lease & FF&E)

THE PREMISES

Total Area Circa 1,297 sq. ft
Covers: 72
Rateable Value: 13,000 (May qualify for Small Business Rate Relief)
Opening Hours: 12mp till 11pm
Premises Licence in place

THE LOCATION

Hampton Court, East Molesey, Surrey
Nestled on the banks of the River Thames, providing residents and visitors with picturesque river views and opportunities for leisurely walks along the Thames Path, Hampton Court, Richmond is a historic and picturesque area located in the London Borough of Richmond upon Thames. It is most famous for Hampton Court Palace, a magnificent royal palace that dates back to the 16th century.

TRADING & FINANCIALS

Gross Sales Revenue: Circa £16,000/week (£832,000/year) (TBC)
Net Profit: Circa £100,000

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.

Property Information

Property:

Leasehold