Description

Burger Franchise Business for Sale, SW London

Property ID: RPS-23266

PROPERTY & BUSINESS SNAPSHOT

Type	Burger Franchise resale
Location	Busy street of SW London
Lease	Ending on Feb 2039
Rent	£58,000 p.a. exclusive
Rent review	Every 5 years with next due in August 2029
Floor area	Approx. 1076 sq. ft (two floors)
Covers	Approx 46
Rateable value	TBC
Business rates payable	Circa £15,600 p.a.
Permitted use	Burger Shop (Takeaway)
Revenue	Circa £468,000 p.a. (£9,000 p.w)
Ancillary	Fully fitted takeaway shop with late night licence
Premium	£170,000 (Franchise, lease,fixtures & fittings)

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
10 months or more rent deposit required (subject to references)
Other usual checks will be carried out

MAIN DETAILS

Fully fitted burger franchise business for sale
Trading since 4 years
Comes with 46 covers spread over two floors

THE BUSINESS & PREMISES

Trading since 4 years
Our client manages the business with 6 full-time staff members.
We have been informed that the business generates gross revenue of £468,000 per annum

THE LOCATION

Sought after location in SW London
Nearby occupiers include national chains like KFC & McDonalds & Greggs
Due to confidentiality, the actual location can only be disclosed once the potential buyers signs our NDA.

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.

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 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.