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Restaurant/cafe for sale
From 1,073 - 1,074 sq. ft*
Cafe & Restaurant for Sale in Fulham, Chelsea
Rent: £56,000 pax | Area: Circa 1074 Sq. Ft (Ground, First Floor & Basement) | Lease Ending March 2032
Prominent location in Fulham Road High Passing Trade throughout the Day Fully Fitted Modern Restaurant & Kitchen Circa 1074 sq. Ft (Ground, First Floor & Basement) Premises Licence & Restaurant Use
Lease: Ending March 2032 Passing Rent: 56,000 pax Rent Review Term: Every 4 years Next Rent Review: March 2024 Premium: 140,000 + sav (Business, Lease & ff&E)
Currently trading as day time cafe Trading Hours: 7:30am till 5pm Turnover: Circa £182,000/year (£3,500/week)
Extending Opening Hours Can Convert into a Restaurant Introduce Dinner Menu with Alcohol
Fulham Road, SW10 High Passing Trade Several Retail Shops & Eateries nearby Chelsea: 0.6 mile Earls Court: 0.9 mile
Circa 1074 sq. Ft Ground (Retail): 627 sq. Ft First Floor (Kitchen): 261.5 sq. Ft Basement (WC): 192. Sq. Ft Covers: Circa 32 Restaurant & Cafe Use (New Use Class E) Commercial Gas, Extraction & 3 Phase Electricity Premises License Permitted Hours: 10am till 12am Rateable Value: £51,500 (Payable: Circa 26,368)
Reason for sale
Other Commitments: Our client signed the lease in March 2020. Since then he has successfully survived the most difficult period for the restaurant sector. Now he has invested in other opportunities and does not enough time to manage this business.
Preferably with Hospitality Background Rent Deposit of 6 months subject to references Bank, Trade & Accountant’s Reference required Evidence of financial credibility
Viewings & confidentiality
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
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
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)
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