Restaurant/cafe for sale in Knightsbridge, London SW7

Restaurant for Sale in Knightsbridge. Circa 2261 Sq. Ft

Main features

Circa 2261 Sq. Ft
Sought-after Location in Knightsbridge
Established Clientele & Strong Reputation
On & Off Licence in Place
Well-Designed & Well-Maintained Ambience
Retirement Sale

landlord’s requirements

6 Month’s or more Rent deposit subject to references
Personal Guarantor subject to references
Proof of funds
Accountant’s references
Trade references

Lease details

Lease: Ending Jan 2031 (Inside the Act of 1954)
Current Rent: £130,000 pax
Service Charge: £4,000 per annum
Rent Review: Every 5 Year
Premium: £450,000 (Business, Lease & ff&E) + sav

The premises

Circa 80 Covers
Main Dining Area: 60 | Private Dining/Bar: 20
Circa 2261 Sq. Ft (Spread over multiple levels)
Payable Business Rates: Circa £27,392/annum (Rateable Value: £53,500)
Fully Equipped Commercial Kitchen
5 Star Hygiene Rating
Current Opening Hours: 1pm till 11pm
Alcohol Licence in Place
Permitted Hours: 10am till 12am

Along with main dining area, the restaurant also features a cosy private dining room/bar. The interior is well designed that combines modern elegance with traditional elements. The ambiance is warm and inviting, creating a memorable dining experience.

The location

Knightsbridge, SW7
Prime Location
Situated in one of the most affluent and sought-after areas in London
Royal Borough of Kensington & Chelsea

Trading & financials

Gross Sales Revenue: We have been informed that the restaurant generates gross revenue of circa £825,000 per annum (£15,865/week).
Our client currently manages the restaurant with 4 Chefs, 2 ft Managers, 5 Waiting Staff and 2 cleaners.
Established over 20 years

Viewings & confidentiality

We will require proof of funds before sharing the location details and arranging a viewing.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.