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Mayfair Restaurant With Al Fresco Dining For Sale

Mayfair, London, UK
Asking Price:
On request Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

Exceptional opportunity to acquire a fully fitted restaurant in the heart of Mayfair, one of London's most prestigious dining and hospitality destinations. Benefiting from a low passing rent, alcohol licence and valuable outdoor seating, the premises offer significant scope for growth and increased profitability.

The restaurant extends to approximately 1,150 sq ft over ground floor and basement levels. The ground floor accommodates approximately 40 covers internally, complemented by an additional 18 al fresco covers on the forecourt. The basement houses the commercial kitchen, customer facilities and back-of-house storage areas, providing an efficient operational layout.

Situated amongst an established collection of restaurants, hotels, offices and luxury retail operators, the location attracts a strong mix of affluent residents, business professionals and visitors. While already benefiting from passing trade, the premises are particularly well suited to destination dining concepts seeking a prestigious Central London address.

Currently trading only Monday to Friday until 4pm, the business offers substantial growth potential. Extending trading into evenings and weekends, introducing dinner service and maximising the alcohol licence could significantly increase turnover and profitability.

Enquire today for further information. Strict confidentiality applies and staff should not be approached directly.

Property Information

Property:

Leasehold

Lease Terms:

Assignment of an existing full repairing and insuring lease with approximately 9 years remaining. Next rent review due in approximately 4 years.

Lease Rent:
£70,000 per sq ft per annum
Location:

Located within the heart of Mayfair, surrounded by established restaurants, offices, luxury retail operators and hotels. The area attracts a high-spending customer base throughout the week.

Premises Details:

Fully fitted restaurant arranged over ground floor and basement levels. Ground floor provides approximately 40 internal covers and 18 external covers. Basement comprises commercial kitchen, storage facilities, customer toilets and ancillary accommodation.

Size in square feet:
1,150 sq ft

Business Operation

Expansion Potential:

Excellent opportunity to increase revenues through evening service, weekend trading, enhanced food and beverage offerings and greater utilisation of the premises licence.

Competition / Market:

Positioned amongst a diverse range of premium hospitality operators, benefiting from Mayfair's reputation as one of London's leading dining destinations.

Trading hours:

Currently operating Monday to Friday until 4pm. Premises licence permitting the sale of alcohol until 11:00pm seven days per week.

Other Information

Support & training:

By Agreement