Restaurant for Sale in Raynes Park near Wimbledon
Property ID: RPS-19435
MAIN DETAILS
Fully fitted restaurant ideal for any cuisine
Circa 883 sq. ft accommodating around 50 covers
Benefits from outdoor seating for up to 10 guests
Fitted bar, open plan kitchen, prep area cold room & large outdoor storage space
Busy suburb in Wimbledon, South West London
LEASE DETAILS
Lease: Ending 26th May 2031 (Inside the Act of 1954)
Rent: 23,000/year
Rent Review: Every 5 years
Premium: £89,000 plus SAV (Goodwill, Lease & FF&E)
THE LOCATION
SW20, Raynes Park
Busy Suburb in Wimbledon
THE PREMISES
Rateable value: £14,000
Payable business rates: Circa £4,680
Internal Area: Circa 883 sq. ft
External storage space available at £130 pcm (Circa 157 Sq ft)
Covers: 50 | Outdoor Seating: 10
Owner's car park space
Opening Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
Permitted Hours: 11am-12am
THE BUSINESS
We have been informed that the business generates gross revenue of circa £5,000/week
Our client manages the restaurant with 3 full time & 1 Owner.
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord's requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.
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.
