Restaurant for Sale in Raynes Park near Wimbledon
Property ID: RPS-19435
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting a viewing.
MAIN FEATURES
Quick sale
Total Area: Circa 883 sq. ft
50 cover restaurant
Outdoor seating for up to 10 guests
Busy suburb near Wimbledon
LEASE DETAILS
Lease: Ending 26th May 2031
Rent: 20,000/year
Rent Review Term: Every 5 years
Next rent Review: May 2026
Premium: £155,000 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
Owners car park space
Opening Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
Permitted Hours: 11am-12am
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £364,000 per Annum (£7,000/week).
Our client manages the restaurant with 3 full time & 1 Owner.
KITCHEN FIXTURES & FITTINGS
Walk-in Fridge x 1
Walk-in Freezer x 1
Dishwasher x 1
Microwave x 1
Mezze Fridge x 1
RESTAURANT
Open Plan Kitchen with Extraction
Charcoal Grill x 1
6 Burner Cooker x 1
Fryer x 1
One-door, two-door, and three-door prep fridges (one of each)
Air Conditioning
Two Televisions
Tables & Chairs
BAR
Drinks Fridge x 4
Ice Machine
Ice Cracker
Juice Machine
Turkish Tea Kettle
Cocktail Sink x 2
Draught Beer x 2
Music System
CCTV
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord's requirements.
All interested buyers must agree to a Non-Disclosure Agreement with our company due to the 'Confidentiality' requested by the client.
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 and therefore is not to be relied upon as statements of fact. Any intending purchaser must satisfy themselves as to the correctness of each statement. Neither the firm nor any of its employees has any authority to make or give, any representation or warranty whatever in relation to this property.
