Restaurant for sale in Worcester Park. Two Kitchens.
Property ID: RPS-22422
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Located in busy parade in Worcester Park
Spread over basement & ground floor
Extended property offering circa 100 covers
Fully fitted two (2) commercial kitchens
Gas & extraction in place
Street parking
5 Star food hygiene rating
LANDLORD’S REQUIREMENTS
Guarantor may be required (subject to references)
6 months' rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending Mar 2033 (Inside LTA 1954 Act)
Passing Rent: £27,600 PAX
Rent Review: Every 5 years
Next Rent Review: Mar 2028
Premium: £125,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Extended property with circa 100 covers
Spread over basement & ground floor
Fully fitted two (2) commercial kitchens
Gas & extraction in place
Benefits from 3-phase electric supply
5 Star food hygiene rating
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £416,000 per Annum (£8,000/week).
Our client manages the restaurant with 3 full time & 2 part time Staff.
THE LOCATION
Worcester Park, KT4
High Street Location
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 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.
