Restaurant for Sale in Raynes Park Wimbledon with Outdoor Seating and 50 Covers

Description

MAIN FEATURESQuick sale opportunityTotal area: Approximately 883 sq. ft50 cover restaurantOutdoor seating for up to 10 guestsBusy suburban location near WimbledonLEASE DETAILSLease expiry: 26th May 2031Rent: £20,000 per annumRent review term: Every 5 yearsNext rent review: May 2026Premium: £155,000 plus SAV, including goodwill, lease, fixtures, and fittingsTHE LOCATIONSW20, Raynes ParkBusy suburban location within Wimbledon areaTHE PREMISESRateable value: £14,000Payable business rates: Approximately £4,680 per annumInternal area: Approximately 883 sq. ftExternal storage space available at £130 pcm, approximately 157 sq. ftCovers: 50Outdoor seating: 10Private owner’s parking space includedOpening hours:Tuesday to Saturday: 12pm - 10pmSunday: 10am - 10pmMonday: ClosedPermitted trading hours: 11am - 12amTHE BUSINESSGross revenue: Approximately £364,000 per annum (£7,000 per week).The business is currently operated by 3 full time staff members and 1 owner operator.KITCHEN FIXTURES AND FITTINGSWalk in fridge x 1Walk in freezer x 1Dishwasher x 1Microwave x 1Mezze fridge x 1RESTAURANTOpen plan kitchen with extraction systemCharcoal grill x 16 burner cooker x 1Fryer x 1One door, two door, and three door preparation fridges x 1 eachAir conditioningTwo televisionsTables and chairs includedBARDrinks fridges x 4Ice machineIce crusherJuice machineTurkish tea kettleCocktail sinks x 2Draught beer system x 2Music systemCCTV system installedVIEWINGS AND CONFIDENTIALITYAll interested buyers must provide proof of funds sufficient to satisfy both the premium and landlord requirements.Interested parties will also be required to sign a Non-Disclosure Agreement due to the confidential nature of the sale.Viewings are strictly through Restaurant Property Sellers only. Use of the website constitutes acceptance of the company’s terms and conditions.DISCLAIMERThe above information has been supplied by the seller and is provided without responsibility on the part of the agent. Interested parties should independently verify all details and satisfy themselves as to the accuracy of the information provided. Neither the firm nor any of its employees has authority to make or provide any representation or warranty in relation to the property.