Restaurant/cafe for sale in Pimlico Road, London SW1W

Fully Fitted Restaurant for sale in Belgravia with Staff Accommodation.

Property id: Rps-21640

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

Main features

Affluent Area of Belgravia
Private Dining Room for up to 20 guests
Circa 60 covers in Ground Floor
Fully Fitted Commercial Kitchen in the Basement
Staff room and Manager Accommodation on the upper floors
Sale of Ltd Company (Optional)
Currently Closed

Lease details

Lease: Ending Dec 2033 (Inside the Act of 1954)
Passing Rent: £100,000 pax
Rent Review: Every 5 Years
Premium: Open to Offers

landlord’s requirement

3-6 Month’s Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility

The premises

Circa 1821.25 Sq. Ft
Ground Floor: 894.481 Sq. Ft | Basement: 926.769 Sq. Ft
Total 80 Covers (Dining: 60 | Private Dining: 20)
Fully Fitted Commercial Kitchen in the Basement
Benefits from Gas & Extraction
3-phase Electric Power Supply
Premises Licence in Place (Permitted Hours: Mon – Sat: 11am to 12:30 am & Sunday – 11 am to 12 am)
Five-Star Food Hygiene Rating
EPC Rating: B
Payable Business Rates: Circa £36,427/annum (Rateable Value: £73,000)

The business

Currently Closed.

The location

Affluent Area of Belgravia
0.2 mile to Sloane Square
0.5 mile to Victoria
Busy parade with multiple retailers

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.