Restaurant/cafe for sale in Fulham Rd, London, Fulham SW10

£140,000 (£130.48/sq. ft)
Interested in this property? Call +44 20 8033 3603 * or Request Details

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Restaurant/cafe for sale From 1,073 - 1,074 sq. ft*

Property description

Cafe & Restaurant for Sale in Fulham, Chelsea

Rent: £56,000 pax | Area: Circa 1074 Sq. Ft (Ground, First Floor & Basement) | Lease Ending March 2032


Main features


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 details


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)


Trading details


Currently trading as day time cafe
Trading Hours: 7:30am till 5pm
Turnover: Circa £182,000/year (£3,500/week)


Opportunities


Extending Opening Hours
Can Convert into a Restaurant
Introduce Dinner Menu with Alcohol


The location


Fulham Road, SW10
High Passing Trade
Several Retail Shops & Eateries nearby
Chelsea: 0.6 mile
Earls Court: 0.9 mile


The premises


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.

Landlord’s requirement

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.


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

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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