- Advert ID: 431163
- (Seller ref: R2498L)
Licenced Restaurant Excellent Takings in Chelsea For Sale
Price Reduced
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > Chelsea
- > Chelsea
Listed by:
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Summary
- Asking price:
- £549,950 (Furniture / Fixtures included)
- Sales revenue:
- £910,000
- Net profit:
- Available on request
- Years established:
- 1976
Business description
LICENSED SEAFOOD RESTAURANT FOR SALE £17,500 weekly takings
LOCATION: This is a rare opportunity to acquire a restaurant In this most prestigious and highly sought after area.
DESCRIPTION: Prominently sited corner premises is arranged over ground, first and second floor levels. The 1,005 sq ft ground floor comprises a beautiful 50-seater restaurant which has enormous charm and character. There are fully-opening sliding doors at the front and it is backed by a glass wash-up area, excellent kitchen, cold store and an additional storage room. The main entrance to the restaurant is from the side and from the entrance lobby stairs ascend to a 915 sq ft first floor with lovely 35-seater restaurant, a 16-seater party/function room, store, cloakroom and ladies/gents/staff toilets. On the 355 sq ft second floor is a further store room, plus a staff room and admin office.
EQUIPMENT: The restaurant has an extensive range of trade equipment and a full inventory will be available for purchaser.
BUSINESS: This well established business has been in the same family hand since 1976. We are informed accounts show takings of approx £17,500 per week with a high gross profit margin of 72%.
HOURS: Mon – Sun Midday to 11.30 pm.
ACCOMM: There is no residential accommodation.
TENURE: Lease commenced in June 2001 for a term of 15 years and the current rent is £104,000 per annum with reviews every 5 years.
RATES: Business rates payable are approx £48,000 per annum.
Property information
- Property:
- Leasehold
- Lease terms:
- Lease commenced in June 2001 for a term of 15 years and the current rent is £104,000 per annum with reviews every 5 years.
- Location:
- This is a rare opportunity to acquire a restaurant In this most prestigious and highly sought after area.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > England
- > South East
- > London
- > Chelsea
- > Chelsea
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