Italian Cafe & Restaurant for Sale in Surbiton, Kingston

An exceptional opportunity to acquire a thriving and exquisitely designed Italian cafe and restaurant located in the vibrant town of Surbiton. This highly regarded establishment has gained a strong reputation for its delectable cuisine, warm ambiance, and impeccable attention to detail.

Situated in a sought-after area of Surbiton, the restaurant benefits from foot traffic and a strong local customer base. It enjoys a prominent position on a busy high street, ensuring maximum visibility and accessibility.

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MAIN FEATURES

• Excellent Condition
• Circa 1108 Sq. Ft Restaurant Spread over Ground Floor & Basement
• Brand New Equipment in Place
• Excellent Reviews across all platforms

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LANDLORD’S REQUIREMENTS

• 6 Months Rent deposit subject to references
• Personal Guarantor subject references
• Proof of funds
• Accountant’s references
• Trade references

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LEASE DETAILS

• Lease: Until Dec 2032 (Inside the LTA 1854)
• New Rent: £22,000 pax subject to 5 yearly review
• Next Rent Review: Dec 2027
• Premium: £150,000 (Business, Lease & FF&E)

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THE PREMISES

• Total Area Circa 1,108 sq. ft
• Ground Floor: Circa 589 Sq. Ft (40 covers & bar)
• Basement: Circa 525 Sq. Ft (15 Covers & Kitchen)
• Rateable Value: £13,500 (Maybe eligible for rate relief)
• Premises Licence in Place (7:30am till 11pm)

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THE LOCATION

• Surbiton, Kingston

Surbiton, situated in the Royal Borough of Kingston upon Thames, enjoys a strategic position just south-west of central London. This desirable location benefits from excellent transport links, including frequent train services to London Waterloo, making it an easily accessible destination for both local patrons and visitors from the city.

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TRADING & FINANCIALS

• Gross Sales Revenue: Circa £10,500/week (£546,000/year) (As per the seller)
• We have been informed that currently the restaurant operates with 3 full time, 3 part-time and 1 owner.

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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.