Newly refurbished restaurant at the heart of Clapham’s Lavender Hill, about 10 minutes from Clapham Common station and just over 15 minutes from Clapham Junction.
The premises has late alcohol and entertainment licence. There currently is live music every weekend.
Front of the house can sit 45. There is a patio in the front, which can sit 16.
There is a rear service entrance for delivery business.
Strong presence on Instagram, Facebook and Twitter with great reviews from guests of around the world (5 star rating on TripAdvisor, 4.9 Facebook and 4.8 on google). The restaurant hosts private events regularly and currently has four future bookings, which would guarantee income for the new owner.
Bar and café equipment are in place as well as a fully equipped kitchen.
The owners are a young couple, who made the bar themselves from up-cycled wood with fantastic design and no expense spared. Due to the couple’s desire to scale back their time commitments, this beautifully renovated and highly acclaimed restaurant is for sale. This is a unique opportunity to take over a sought after restaurant in a young, dynamic area at a price far below the costs to create it. And the place is amazing- it must be seen to be fully appreciated. It is decorated with a rustic theme, wooden bar, hand-made wooden furniture, and rustic natural decorations throughout. The restaurant has also been fully rewired recently in line with UK electrical wiring regulations. The restaurant currently serves exotic cocktails and Middle Eastern mezzes, but could be adapted to any cuisine. It is truly an amazing property.
There is great scope for increase in sales. The restaurant can also be used as a café. It is currently open from 5 pm onwards 6 days a week. They have just gone live on Just Eat and are increasing sales already. There is also great demand in the local area for deliveries directly from the restaurant.
Rent: £24,000 pa
Rate: 7,800 pa
Lease: 11 years
T/O: £195,000 pa – Accounts available to potential buyers
Premium: £120,000 negotiable