Air Conditioned Bar and Restaurant in South London For Sale

Situated in a parade, excellent trading position, not far from Broadway, SW LONDON

Price £50,000

Features

Air-conditioned Bar / Café / Restaurant

Outdoor seating for 8 customers.

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 275 ft², Tiled flooring, plaster board ceiling with character pendant lighting.

Tables and chairs seating 24 people.

Open plan Kitchen - Stainless steel extractor, 6 burner hob, oven, 2 double basket deep fat fryers, 60 x 60 griddle, 3 fridges, undercounter freezer, double sink and drainer, waffle machine, blender, juicer, etc.

Unisex cloak room with toilet and wash hand basin.

Store room.

STAIRS TO BASEMENT BAR, in the region of 300 ft²


Seating 14 prople.

Bar, electric cash register, under counter fridges, ice maker, glass washer, etc.

2 storeage areas, 2 fridges, washing machine, chelving.

Turnover

We are advised by the vendor the business enjoyed a lucrative turnover which, we understand, the vendor is happy to discuss on inspection.

Staff

The business is at present operated by the vendor with 2 full time and 2 part time staff employed.

Trading Hours

7 Day week
TUESDAY - SATURDAY 9 a.m. - 10 p.m.
SUNDAY & MONDAY 9 a.m. - 3 p.m.

Outside

Seating area to the front.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £37,500 p.a.

Business Rates from April 2026 £9,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote