Established Italian Restaurant for Sale in Twickenham (Home of Rugby)
Property ID: RPS-20703
MAIN FEATURES
Established over 25 years ago, an authentic Italian Restaurant
Ideally positioned in corner, offering High Visibility
Situated in affluent area of Twickenham
Circa of 42 Covers with a large basement
Gas & Extraction in Place
3-Phase Electricity in Place
Street Car Parking is available.
LEASE DETAILS
Lease: Ending October 2033 (Inside the Act of 1954)
Rent: £25,000/year reviewed every 5 years
Next Rent Review: July 2027
Premium: $68,000 (Business, Lease & FF&E)
THE PREMISES
Circa 1292 sq. ft. with circa of 42 Covers
Ground Floor: 813.01 Sq. ft.; Basement: 478.99 Sq. Ft
Gas & Extraction in Place
3-Phase Electricity in Place
Rateable Value: £21,750 (Payable Rates: Circa £10,853/annum)
Premises Licence in Place
Permitted Hours: (11 a.m. until 11pm)
THE BUSINESS
Gross Turnover: 2,500 to 3,000 per week
Current Opening Hours: Tues – Sat (12pm-2:30pm & 5:30pm-11pm) & Mon(12pm – 11pm)
Trading since 25 Years
Selling due to Personal Reasons
THE LOCATION
Twickenham TW1
Nearby Offices & Schools
0.3 miles to Twickenham Station
0.7 miles to St Margaret’s
VIEWINGS AND CONFIDENTIALITY
All interested buyers must agree to a 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 to our terms & conditions.
DISCLAIMER
The above information is provided by the seller and is issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement 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 whatsoever in relation to this property.
