Licensed Vegan Restaurant in Chelsea Bridge For Sale

Situated in a parade, main road location, residential & commercial area, 1 mile from Chelsea, Hammersmith, Kensington, FULHAM, LONDON, SW6

Turnover £ 5,000
Price £55,000

Features

Licensed International Vegan Fusion Restaurant

FREE PARKING AFTER 5 P.M.
5 STAR HYGIENE RATING
LIVE MUSIC LICENCE

SINGLE FRONTED GROUND FLOOR GLASS FRONTED PREMISES in the region of 700 sq. ft. Parquet flooring. Character pendent lights. Air conditioning. CCTV (7 cameras). Sound system. 1 large counter, till, display stands. Tables & chairs seating 25.

OPEN PLAN KITCHEN. Stainless steel extractor. 2-deck Merers pizza makers, dough maker, 3m pizza table & fridge, 2.5m burger fridge, double door fridge, stainless steel preparation tables, 3 freezers, , 6-burner stove, large grill, rice cooker, mixers & juicers, dishwasher, 2 sinks, 1 hand wash basin.

Unisex toilet

Separate entrance to side basement. 2 large rooms including toilet & shower, washing machine, tumble dryer. Office Rest room with sofa bed

Turnover

WE ARE INFORMED by the vendor the turnover currently averages £5,000 p.w. gross profit 65% approx. (20% delivery).

Staff

At present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

7 DAY WEEK
5 p.m. - 11 p.m.

Tenure

We understand the premises are held on an 11 years lease from May 2019, reviews every 5 years, next review May, 2029 at a current rent of £25,000 p.a.

Uniform Business Rates: £2,500 p.a. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND SOLELY OFFERED FOR SALE DUE TO FAMILY ISSUES

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote