Japanese Franchise Restaurant for sale. Prime Location in London.
Property ID: RPS-21653
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN FEATURES
Highly Sought After Location in London
Passing Trade
Circa 1,765.17 Sq. Ft
Circa 68 covers
Fully Electric, No Gas
Premises Licence in Place
LEASE DETAILS
Lease: Ending 2032 (Outside the Act of 1954)
Passing Rent: £130,000 plus VAT (stepped rent)
Rent Review: Every 5 Years
Next Rent Review: 2027
Premium: POA (Business, Lease & FF&E)
LANDLORD’S REQUIREMENT
Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
THE PREMISES
Circa 1,765.17 Sq. Ft
Total 68 Covers
Fully Electric, No Gas
3-phase Electric Power Supply & Extraction
Premises Licence in Place
Five-Star Food Hygiene Rating
Payable Business Rates: Circa £65,520/annum (Rateable Value: £120,000)
THE LOCATION
Prime Location in London
Passing trade throughout the day
TRADING
Gross Turnover 2022-23: £1.6 million
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree to a Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
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 is issued without responsibility on the part of the firm therefore is 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.
