Prime Bloomsbury Restaurant With Alfresco Dining For Sale

Bloomsbury, London, UK

Asking Price:: £300,000

Turnover:: On request

Net Profit:: On request

zoom_in

This substantial Bloomsbury restaurant presents an attractive opportunity for experienced restaurateurs, established hospitality groups and ambitious operators seeking a fully fitted, trading venue in a prime Central London location, with reported annual sales of approximately £1.7 million.
Occupying a prominent position within the Brunswick Centre, the restaurant combines an extensive internal dining area with attractive alfresco seating to the front. Its high-quality fit-out, generous customer capacity and established trading operation provide an appealing foundation for operators looking to secure a substantial restaurant presence in Bloomsbury.
Currently open and trading, the business offers an incoming buyer the opportunity to acquire an established restaurant operation in a recognised London retail and leisure destination. With a guide price of £300,000 and a lease running until 2037, this represents a compelling proposition for buyers seeking an established hospitality business with significant reported turnover.

Prime trading location within the Brunswick Centre, Bloomsbury.
Approximately 5,000 sq. ft. of restaurant accommodation.
Seating for approximately 140 customers, plus additional alfresco dining to the front.
Fully fitted to a high standard and currently open and trading.
Reported annual sales of approximately £1.7 million, excluding VAT.
Leasehold interest expiring in 2037, with annual rent of £260,000.

Property Information

Property:: Leasehold

Lease Terms:: The restaurant is held on a leasehold basis, with the existing lease expiring in 2037.
The passing rent is £260,000 per annum.
Further details regarding rent reviews, renewal provisions and other lease conditions have not been provided.

Leasehold Rent:: £260,000 per annum per annum

Location:: The restaurant occupies a prime position within the Brunswick Centre in Bloomsbury, Central London.
The Brunswick Centre is an established mixed-use retail and leisure destination, providing an attractive setting for restaurant and hospitality operators.
Its location offers opportunities to serve customers visiting the centre and the surrounding Bloomsbury area.
The restaurant's position within this established destination makes it particularly appealing to operators seeking a recognisable Central London trading location.

Premises Details:: The property comprises approximately 5,000 sq. ft. of fully fitted restaurant accommodation.
The internal dining area provides seating for approximately 140 customers, with additional alfresco dining space to the front of the premises.
The restaurant has been fitted to a high standard, offering an established hospitality environment suitable for an incoming operator.
The combination of substantial internal accommodation and outdoor dining provides flexibility for different customer experiences and service formats.
The business is currently open and trading.

Size in square feet:: Approximately 5,000 sq. ft.

Business Operation

Expansion Potential:: The restaurant's established trading operation, substantial accommodation and prime Bloomsbury location provide opportunities for an incoming operator to build upon the existing business.
The premises may appeal to an established restaurant group seeking to expand its Central London portfolio or an independent operator looking to develop a distinctive dining concept.
The combination of indoor and alfresco dining could support different service formats, seasonal promotions and an enhanced customer experience.
The existing high-quality fit-out may also provide a foundation for repositioning the restaurant offering, depending on the incoming operator's requirements.
Any operational changes would be subject to the necessary consents and lease provisions.