Wimbledon,London,UK, ID 139735
Restaurant for sale in Raynes Park, close to Wimbledon. Proof of funds required: all interested buyers must be able to provide proof of funds prior to requesting a viewing.
Main features include a quick sale opportunity, total area of approximately 883 sq ft, a 50-cover restaurant, outdoor seating for up to 10 guests, and a busy suburban location near Wimbledon.
Lease details: lease expiring on 26 May 2031. Rent £20,000 per annum. Rent review every five years, with the next review due in May 2026. Premium of £135,000 plus stock at valuation (goodwill, lease, and fixtures and fittings).
The location is within SW20 Raynes Park, a busy suburban area of Wimbledon.
The premises have a rateable value of £14,000, with payable business rates of approximately £4,680. The internal area is circa 883 sq ft, with external storage space available at £130 per calendar month (approximately 157 sq ft). Seating comprises 50 covers with outdoor seating for 10. An owner’s car parking space is included. Opening hours are Tuesday to Saturday 12:00pm–10:00pm and Sunday 10:00am–10:00pm, with Mondays closed. Permitted hours are 11:00am–12:00am.
The business is reported to generate gross revenue of approximately £364,000 per annum (£7,000 per week). The restaurant is managed by the owner together with three full-time staff.
Kitchen fixtures and fittings include:
Restaurant equipment includes an open-plan kitchen with extraction, charcoal grill x 1, six-burner cooker x 1, fryer x 1, one two-door prep fridge x 1, one three-door prep fridge x 1, air conditioning, two televisions, and tables and chairs.
Bar facilities comprise drinks fridges x 4, ice machine, ice cracker, juice machine, Turkish tea kettle, cocktail sinks x 2, draught beer taps x 2, music system, and CCTV.
Viewings and confidentiality: all interested buyers must provide proof of funds sufficient to meet the premium and the landlord’s requirements. All parties must agree to a Non-Disclosure Agreement with the company due to confidentiality requested by the client. Viewings are strictly through Restaurant Property Sellers only. Use of the website constitutes agreement with the Terms and Conditions.
Disclaimer: the above information is provided by the seller and is issued without responsibility on the part of the firm and therefore should not be relied upon as statements of fact. Any intending purchaser must satisfy themselves as to the accuracy of each statement. Neither the firm nor any of its employees has authority to make or give any representation or warranty in relation to this property.
