Modern Restaurant for Sale in Fulham, SW6. Open Plan Kitchen

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Price: 89,000 | Rent: £27,000 PAX | Turnover: Circa £7,000/week | Area: Circa 2111 Sq. ft 

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MAIN FEATURES

• Double front restaurant
• Located in affluent locality
• Spacious Open Kitchen Plan
• Double Front Shop (Circa 27ft)
• Alfresco Dining for upto 12 covers
• Rateable Value of £52,000 pa (Payable Business Rates circa £25,000 per annum)

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LEASE DETAILS

• Lease: Ending 2029 (we have been informed it is inside the Act)
• Passing Rent: 27,000 PAX
• Rent Review Term: Every 5 years
• Next Rent Review: 2024
• Premium: £89,000 (Goodwill, Lease & FF&E)

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TRADING DETAILS

• Turnover: Circa £364,000/year (£7,000/week)

Description: We have been informed that the current gross sales are in the region of £7,000 per week including takeaway & delivery. They have also signed up with third party delivery partners like UberEats & Deliveroo.

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THE LOCATION

• Fulham Road, SW6
• Affluent Locality
• Several Retail Shops & Eateries nearby
• Baron’s Court: 1.3 miles
• West Kensington: 1.3 miles
• Fulham Broadway: 0.8 miles

Description: Situated between Hammersmith and Fulham, this restaurant is perfectly located in a sought after locality of Fulham. It is just under a mile away from Fulham Broadway and benefits from street car parking spaces. The immediate area has several independent retailers.

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THE PREMISES

• Double Front Restaurant
• Total Area: Circa 2011 sq ft
• Kitchen Area: Circa 333 sq ft
• Covers: Circa 60 (Including Alfresco dining)
• Restaurant & Cafe Use (New Use Class E)
• Commercial Gas, Extraction & 3 Phase Electricity
• Premises License
• Permitted Hours: 10am till 12am & 10am till 12:30am (Fri & Sat)

 

Description: Well presented 60 cover restaurant with modern decor and a cozy bar serving 5 draught beers along with exotic cocktails comes with an alfresco dining for up to 12 covers. Perfectly planned open kitchen on the same level, fully fitted with extraction, fridge, freezer and cooker and grill. The premises benefits from both on & off licence along with live music, dance, film, recorded music and late night refreshments.

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VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements. 

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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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.