Italian Restaurant for Sale in Twickenham

  • Premium £85,000
  • £25,000/Annum
Twickenham, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Italian Restaurant for Sale in Twickenham

Twickenham, UK
  • Premium £85,000
  • £25,000/Annum

Description

Established Italian Restaurant for Sale in Twickenham (Home of Rugby)


MAIN FEATURES

  • Established over 25 years & authentic Italian Restaurant
  • Ideally positioned in corner offering High Visibility
  • Situated in affluent area of Twickenham
  • Circa of 42 Covers with a large basement
  • Gas & Extraction in Place
  • 3-Phase Electricity in Place
  • Street Car Parking Available

LANDLORD’S REQUIREMENTS

  • Personal Guarantor Required
  • 3-6 Months Rent Deposit Subject to References
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending October 2033 (Inside the Act of 1954)
  • Rent: £25,000/year reviewed every 5 years
  • Next Rent Review: July 2027
  • Premium: 85,000 (Business, Lease & FF&E)

THE PREMISES

  • Circa 1292 sq. ft with circa of 42 Covers
  • Ground Floor: 813.01 Sq. Ft | Basement: 478.99 Sq. Ft
  • Gas & Extraction in Place
  • 3-Phase Electricity in Place
  • Rateable Value: £21,750 (Payable Rates: Circa £10,853/annum)
  • Premises Licence in Place
  • Permitted Hours: (11am till 11pm)

THE BUSINESS

  • Gross Turnover: 2,500 to 3,000 per week
  • Current Opening Hours: Tues – Sat (12pm-2:30pm &  5:30pm-11pm) & Mon(12pm – 11pm)
  • Trading since 25 Years
  • Selling due to Personal Reasons

THE LOCATION

  • Twickenham TW1
  • Nearby Offices & Schools
  • 0.3 miles to Twickenham Station
  • 0.7 miles to St Margaret’s

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.


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.

Details

Updated on February 7, 2024 at 2:42 pm
  • Price: Premium £85,000
  • Size: 1292 Sq. Ft
  • Covers: 42
  • Use: Cafe & Pizzeria
  • Type: RESTAURANTS, CAFES
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES
  • Type
  • 1292
  • Sq. Ft

Contact Information

RPS_Agent
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