£110,000
Restaurant for sale
Property photos
Just added
Business
Guide price
£110,000
(£110.00/sq. ft)
Restaurant for sale
Arthur Road, Wimbledon SW191,000 sq. ft
Local area information
Property location
Nearby amenities
- Wimbledon Park 0 miles
- Wimbledon Park Primary School 0.3 miles
- Ricards Lodge High School 0.5 miles
- Earlsfield 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Wimbledon Park, Woodside and Southfields to find out more about the local area.
Features and description
- Long lease ending in 2045 (Inside the Act)
- Located in prime Wimbledon Park location
- High footfall trading position on a busy road
- Fully fitted restaurant with gas, extraction & three phase
- Circa 1,000 sq. Ft, spread over ground floor & basement
- Premises licence in place but currently not used
- Ideal for any type of restaurant or cafe
Fully Fitted Restaurant for Sale in Wimbledon Park
Property id: Rps-23194
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details
Long lease ending in 2045 (Inside the Act)
Located in prime Wimbledon Park location
High footfall trading position on a busy road
Fully fitted restaurant with gas, extraction & three phase
Circa 1,000 sq. Ft, spread over ground floor & basement
Premises licence in place but currently not used
Ideal for any type of restaurant or cafe
landlord’s requirements
Guarantor required (subject to references)
3 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details
Lease: Ending Sept 2045 (Inside the Act of 1954)
Current Rent: £21,100 per annum exclusive
Rent Review: Every 5 years
Next Rent Review: Sept 2030
Premium: £110,000 (Business, Lease & fixtures and fittings)
The premises
Circa 1,000 sq. Ft with 46 covers (over two floors)
Outdoor seating available for up to 8 guests
Benefits from gas, extraction & three phase
Rateable Value: 18,750
Payable business rates: £5,290 per annum
Had premises licence but currently not used
The business
We have been informed that the business currently generates a gross revenue of £4,500 to £5,000 per week
Growth opportunities
Alcohol licence - if utilised can significantly increase customer spend and boost profit margins.
Delivery services – There is considerable room to tap into the booming delivery market in sw London
Extended opening hours – The business is currently operating 6 days evenings only. Additional revenue can be generated with minimal overhead by expanding service times.
The location
Wimbledon Park, London SW19
Situated in the heart of Wimbledon Park, the restaurant benefits from a highly desirable and affluent catchment area. Wimbledon Park itself is a hotspot for both residents and visitors, and the location is only a stone’s throw from the world-famous Wimbledon tennis tournament, 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.
Property id: Rps-23194
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details
Long lease ending in 2045 (Inside the Act)
Located in prime Wimbledon Park location
High footfall trading position on a busy road
Fully fitted restaurant with gas, extraction & three phase
Circa 1,000 sq. Ft, spread over ground floor & basement
Premises licence in place but currently not used
Ideal for any type of restaurant or cafe
landlord’s requirements
Guarantor required (subject to references)
3 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details
Lease: Ending Sept 2045 (Inside the Act of 1954)
Current Rent: £21,100 per annum exclusive
Rent Review: Every 5 years
Next Rent Review: Sept 2030
Premium: £110,000 (Business, Lease & fixtures and fittings)
The premises
Circa 1,000 sq. Ft with 46 covers (over two floors)
Outdoor seating available for up to 8 guests
Benefits from gas, extraction & three phase
Rateable Value: 18,750
Payable business rates: £5,290 per annum
Had premises licence but currently not used
The business
We have been informed that the business currently generates a gross revenue of £4,500 to £5,000 per week
Growth opportunities
Alcohol licence - if utilised can significantly increase customer spend and boost profit margins.
Delivery services – There is considerable room to tap into the booming delivery market in sw London
Extended opening hours – The business is currently operating 6 days evenings only. Additional revenue can be generated with minimal overhead by expanding service times.
The location
Wimbledon Park, London SW19
Situated in the heart of Wimbledon Park, the restaurant benefits from a highly desirable and affluent catchment area. Wimbledon Park itself is a hotspot for both residents and visitors, and the location is only a stone’s throw from the world-famous Wimbledon tennis tournament, 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.
More information
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Restaurant Property Sellers
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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.