£160,000

Restaurant for sale

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Just added
Business

£160,000

(£176.54/sq. ft)

Restaurant for sale

Richmond TW10

906 sq. ft

Local area information

Property location

Nearby amenities

  • Richmond 0 miles
  • Richmond (London) 0 miles
  • Deer Park School 0.1 miles
  • Falcons Preparatory School for Boys 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Richmond upon Thames and Isleworth to find out more about the local area.

Features and description

  • Established for nearly 10 years and profitable cafe & bakery business
  • No other cafe business in the vicinity
  • Loyal customer base from the surrounding community and schools
  • Total area circa 906.32 sq. Ft with 28 Covers
  • Premises licence in place
  • Outdoor seating available
  • 5-star food hygiene rating
Profitable Cafe & Bakery Business for sale in Richmond

Property id: Rps-22460

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details


Established for nearly 10 years and profitable cafe & bakery business
No other cafe business in the vicinity
Loyal customer base from the surrounding community and schools
Total area circa 906.32 sq. Ft with 28 Covers
Premises licence in place
Outdoor seating available
5-star food hygiene rating

landlord’s requirements

Guarantor may be required (subject to references)
3- 6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details


Lease: Ending Feb 2035 (Contracted Outside the lta)
Mutual break at year 2028 & 2031
Rent: £21,000/annum until Feb 2027 & £22,500 thereafter
Rent Review: Every 5 years
Next Rent Review: Feb 2030
Premium: £160,000 (Business, Lease & fixtures and fittings)
The premises


Total Area circa 906.32 sq. Ft
Covers: Inside: 18 | Outside: 10
No Gas but benefits from 3-phase electric power supply
Premises licence in place
Outdoor seating available
5-star food hygiene rating
Rateable Value: 14,500
Payable Rates: Circa £7,235.5/annum
The business & financials


Trading for nearly 10 years & well established cafe, bakery & deli business
Our clients (two directors) manage the business with 4 full-time & 3 part-time staff members.
Both directors claim salaries and other benefits from the company
We have been informed that the business generated gross revenue of circa £729,000 in 2024 with a net profit of £66,000
The location


Located on a parade of shops with no competition. No other cafe business in the vicinity
The immediate units are occupied by independent & national retailers attracting footfall
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.

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Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. West London
  5. Richmond upon Thames (London Borough)
  6. Richmond
  7. Ham
  8. Ashburnham Road