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Prominent Richmond Restaurant With 150 Covers For Sale

Richmond, London, UK
Asking Price:
£200,000
Turnover:
On request
Net Profit:
On request

An attractive opportunity to acquire a fully fitted restaurant in a prominent Richmond location, close to the railway station. Offering approximately 150 covers across its internal and external dining areas, the restaurant may appeal to established hospitality groups, experienced restaurateurs and independent operators seeking a substantial venue in this sought-after South West London location.

The property provides approximately 4,000 sq. ft. of restaurant accommodation across the ground and first floors, fitted to a high standard and currently open and trading. With 104 internal covers and a further 46 seats in the outdoor area to the front, the premises offer a versatile dining environment. The property also benefits from a two-bedroom flat on the second floor.

With eight years remaining on the existing lease and a prominent position benefiting from high pedestrian footfall, the restaurant presents an appealing opportunity for an incoming operator. Its combination of generous dining capacity, outdoor seating, residential accommodation and proximity to Richmond station makes it particularly attractive to operators looking to establish or expand their presence in the area.

  • Prominent Richmond location close to the railway station.
  • High pedestrian footfall.
  • Approximately 150 covers, including 46 outdoor seats.
  • Around 4,000 sq. ft. across ground and first floors.
  • Fully fitted to a high standard and currently trading.
  • Two-bedroom flat on the second floor.

Property Information

Property:

Leasehold

Lease Terms:

The restaurant is held under a 10-year lease, with approximately eight years remaining.
The passing rent is £111,000 per annum.

Leasehold Rent:

£111,000 per annum per annum

Living Accommodation:

A two-bedroom flat is situated on the second floor of the property.

Location:

The restaurant occupies a prominent position in Richmond, South West London, within close proximity to Richmond railway station.
The location benefits from high pedestrian footfall and provides convenient access to Richmond's established retail, dining and commercial environment.

Premises Details:

The restaurant provides approximately 4,000 sq. ft. of accommodation arranged across the ground and first floors.
The premises are fully fitted to a high standard and are currently open and trading.
The dining accommodation comprises:

  • 104 internal restaurant covers.
  • 46 external covers in the seating area to the front.
  • Total seating capacity of approximately 150 customers.

A two-bedroom flat is situated on the second floor.

Business Operation

Expansion Potential:

The existing restaurant configuration provides an opportunity for an incoming operator to continue the current operation or introduce a different dining concept, subject to the necessary consents.
The external seating area offers additional capacity alongside the internal restaurant, providing flexibility for indoor and outdoor dining.
The prominent location close to Richmond station may also support opportunities to attract passing customers and develop local trade.