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Fully Fitted Restaurant In Fulham With Outdoor Seating For Sale

Fulham, London, UK
Asking Price:
£90,000
Turnover:
£260,000
Net Profit:
Not applicable

Fully Fitted Restaurant For Sale in Fulham with outdoor seating

Property ID: RPS-22672

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting a viewing.

MAIN DETAILS

Eligible for rate relief
Area: Circa 469.30 sq. ft
Covers: Circa 48

Benefits from gas & extraction
Premises licence in place

LANDLORD’S REQUIREMENTS

Guarantor may be required (subject to references)
Rent deposit will be required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending January 2030 (Inside the Act of 1954)
Rent: £18,000 per annum
Rent review: Every 5 years
Next rent review: January 2030
Premium: £90,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Area: Circa 469.30 sq. ft
Covers: 34 Inside & 14 Outside
Benefits from gas & extraction
Premises licence in place

Eligible for rate relief
Rateable value: 14,000

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £260,000 per annum (£5,000/week).

THE LOCATION

Fulham, SW6

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree to a Non-Disclosure Agreement due to the “Confidentiality” requested by the client.

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

Lease Terms:

Lease: Ending January 2030 (Inside the Act of 1954)
Rent: £18,000 per annum
Rent review: Every 5 years
Next rent review: January 2030

Leasehold Rent:

£18,000 per annum

Location:

Fulham, SW6

Premises Details:

Area: Circa 469.30 sq. ft
Covers: 34 Inside & 14 Outside
Benefits from gas & extraction
Premises licence in place
Eligible for rate relief 
Rateable value: 14,000

Size in square feet:
469.30 sq. ft