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Commercial property for sale
A stunning Italian Restaurant, which has been in our Clients hands since 2005. Rarely have we seen such a professionally operated Restaurant of this type, which is meticulously maintained by our Clients. Within a detached building of immense character. Currently seating 126 with the capacity for up to some 150. Feature conservatory dining area for parties & functions. Superb commercial kitchens toilet facilities & stores.
Location Bromley is a large suburban town 9.3 miles south east of Charing Cross and is one of the major metropolitan centres identified in the London Plan. As part of the suburban growth of London in the 20th century, Bromley significantly increased in population and has developed into one of a handful of regionally significant commercial and retail districts outside central London.
Property Front Courtyard with canopy providing Al Fresco dining for 16. Canopied entrance leading to the ground floor air conditioned dining areas & reception with bespoke fitted Bar & Servery in 2,200 sq.ft. including feature Conservatory, seating 126 in all. These areas have been beautifully decorated and furnished and comprise some of the most stylish we have seen for many years. Ground floor commercial kitchens in approx 450 sq.ft. with a built in walk-in Coldroom, back-to-back cookers with extraction canopy. Door to the rear yard with Paved Garden. This also provides access to an area for the storage of refuse and to a detached garage/store providing additional cold storage and staff changing facilities. Gates to rear service road.
Turnover Our Clients accounts for the year ended 31st March 2011 show VAT exclusive sales of £437,698, and with justifiable adjustments, a reconstituted profit of £121,524.
Hours Closed on Monday's. Tuesday to Friday 12noon till 2pm and 6pm till 10.30pm. Saturday's 6pm till 10.30pm. Sunday's 1pm to 4.30pm.
Tenure A 20 year FR&I lease is on offer, subject to 4 yearly upward only rent reviews.
Rent £45,000 per annum.
Rates £8,590 per annum applying the 2010 valuation and multiplier for 2010/2011.