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Brilliant Restaurant For Sale In Wandsworth

Wandsworth, Greater London

Asking Price £180,000
Turnover £160,000

Business overview

Very trendy bar, wooden interior serving mezze style food with a takeaway at the back- two business models operating together.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum
  • Estimated EPC rating
  • Reason for sale

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Business description

A very trendy bar with modern wooden interior serving mezze style food with a takeaway at the back. This is two businesses operating under one model. There are no images and details as this is a confidential sale. The current lease that is in place was for 15 years and began in July 2014 leaving almost 12 years remaining. Rent is £24,000 pa and rates are £ 8,000 pa. The business has a premises licence and late night entertainment licence for until 12 am weekdays and 2 am weekends. Opening hours at the moment are 5 pm- 11 pm weekdays and 12noon-midnight weekends.
The business operates under two business models: front of the house is a bar/restaurant and the kitchen is used for online takeaway and delivery under a different name. The kitchen is operated by a contractor chef and front is managed by experienced bar managers. Inside of the bar seats 40 people with outside seating of 16. All fixtures and fittings are included in the sale. Turnover is circa £ 200,000 pa and sale price is £ 150,000

Sector specific information

  • Number of covers
  • Opening hours
  • License held

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