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Established Nightlife Bar & Restaurant In Chelsea For Sale

Chelsea, London, UK
Asking Price:
£159,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£100,000
Net Profit:
£50K - £100K

Running nightlife bar & restaurant with two food menus

- Italian Cuisine
- Smash Burgers

Trendy and constant private venue hire and bookings.

Annual Turnover: 100K+

Asking price: £159,000

9 years remaining on lease

Cheapest, unbeatable rent in the area !
£2333 per month !
Business rates: £300 monthly

You can keep the current manager and staff, or hire your own from scratch.

Comes with all licenses until 1AM

Freshly refurbished. Recently spent £40,000 on renovations. Comes with £10,000+ of appliances and furniture.

Reason for sale: Moving Country

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

15 years

Leasehold Rent:

£28,000 per annum

Location:

SW10 0AJ

Premises Details:

In the heart of Chelsea.

Rent: £2,333 monthly (unbeatable rent in the area! Bargain!)

15 year lease.

Business fully set up and branded ready to continue

Size in square feet:
80sqrft

Business Operation

Reasons for selling:

Moving country

Employees:
6+

Other Information

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£10,000 - included in the asking price