Italian Restaurant for Sale in Soho
Property ID: RPS-19711
PROPERTY & BUSINESS SNAPSHOT
Type Family run Italian Restaurant
Location Soho, London
Lease Holding over (Inside the Act)
Rent £48,000 p.a. exclusive
Rent review TBC
Floor area Approx. 789.74 (two floors)
Covers Approx 40
Rateable value 27,750
Business rates payable Circa £10,900 p.a.
Permitted use Class E
Revenue Gross: Circa £650,000 (£12,500/week)
Ancillary Reco extraction, alcohol licence, 3 phase in place but no gas
Premium £190,000 (Business, Lease and fixtures & fittings)
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
Rent deposit required (subject to references)
Other usual checks will be carried out
MAIN DETAILS
Our client's lease is currently holding over and remains protected under the Landlord & Tenant Act 1954. The rent was reviewed earlier in 2026, increasing from £45,000 to £48,000 per annum, exclusive.
Family run and well-established Italian restaurant, having traded for over 5 years in a sought-after Soho location.
The premises spreads over the ground floor and basement, providing circa 40 covers (20 per floor), with ventless extraction in the basement suited to Italian and other light cooking.
THE BUSINESS & PREMISES
Our client (head chef) leads the kitchen with two other staff members and the front of house is managed by his wife, daughter and a staff member.
We have been informed that the business generates gross revenue of circa £650,000 per annum (£12,500/week), consistently.
The ground floor is circa 329 sq. ft, accommodating 20 covers with a cosy bar.
The basement is circa 460 sq. ft, providing a further 20 covers, kitchen, and customer WC.
Current trading hours are 5pm–11pm on weekdays, 12pm–11pm Friday and Saturday, closed Sundays.
THE LOCATION
Sought-after location in Soho with passing trade throughout day & night
0.4 mile from Piccadilly Circus & 0.6 mile from Oxford Circus
Immediate units occupied by independent retailers
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client. Viewings are 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.
