Restaurant for Sale in Hampton Court
Restaurant for Sale in Hampton Court
Overview
Description
Established Restaurant for Sale in Hampton Court
Well established and profitable restaurant for sale in proximity of Hampton Court Palace. This restaurant for sale is situated in a prime location near Hampton Court, a historic landmark and popular tourist destination in the London Borough of Richmond upon Thames and part of Surrey. The restaurant benefits from its proximity to Hampton Court Palace, beautiful gardens, and the bustling local community.
This is a rare opportunity to acquire a highly successful and profitable restaurant that has consistently generated a net profit exceeding £200,000 over the years. With a stellar reputation and a strong customer base, this restaurant has become a go-to dining destination for locals, tourists, and special occasions alike
MAIN FEATURES
Well Established & Profitable Restaurant
Net profit of over £100,000
Retirement Sale
Walking distance from Hampton Court Palace
Excellent Condition & Sought after location
LANDLORD’S REQUIREMENTS
Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references
LEASE DETAILS
Lease: Grant of new 15 years FRI Lease
Rent: £45,000 PAX to be reviewed every 5 years
Premium: £570,000 (Business, Lease & FF&E)
THE PREMISES
Total Area Circa 1,297 sq. ft
Covers: 72
Maybe eligible for Small Business Rate Relief
Opening Hours: 12mp till 11pm
Premises Licence in place
THE LOCATION
Hampton Court, East Molesey, Surrey
Nestled on the banks of the River Thames, providing residents and visitors with picturesque river views and opportunities for leisurely walks along the Thames Path, Hampton Court, Richmond is a historic and picturesque area located in the London Borough of Richmond upon Thames. It is most famous for Hampton Court Palace, a magnificent royal palace that dates back to the 16th century.
TRADING & FINANCIALS
Gross Sales Revenue: Circa £16,000/week (£832,000/year) (TBC)
Net Profit: Circa £100,000
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
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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Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
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