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Corner Wine Bar And Restaurant In Battersea For Sale

Battersea, London
Asking Price:
£165,000 Furniture / Fixtures included
Sales Revenue:
£416,000
Cash Flow:
£50K - £100K

Staff run in very trendy and desirable area with excellent transport systems and green areas. With outside seating and basement, taking £8,000 pw @ 65/70% gp. 25 year renewable lease from 2013 with 5 yearly reviews.

Property information

Property:

Leasehold

Lease Terms:

25 year renewable lease from March 2013 with 5 yearly rent reviews

Leasehold Rent:

£34,000 per annum

Location:

On a busy main road within a 10 minute walk to the station with over 2,000 trains passing each day, close to Fulham and Chelsea in one of London’s most popular neighbourhoods and also known for its great community spirit the area is abuzz with young professionals, attracted here by its proximity to Central London.

Premises Details:

The established wine bar and restaurant is run by 6 full time staff taking £8,000 pw at 65/75% g,p.

Size in square feet:
1,400
Planning Consent:

A3

Business Operation

Reasons for selling:

Retirement

Trading hours:

Tuesday to Friday 5 pm to midnight. Saturday and Sunday noon to midnight.

Employees:
6 full time staff

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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