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Highly commended restaurant Michelin starred With international reputation Featured in Hardens Guide best 100 Restaurants of 2020 c.3,000 sq ft leasehold premises £216,900pa passing rent Leased until 2028 Highly profitable (net profits before management charges, interest and depreciation of £595,000) 7% increase in year-on-year turnover in first 7 months of 2019 Premium offers invited Award Winning West End Fine Dining Restaurant Business For Sale All expressions of interest to be made to the Sole Agents PROJECT BIRD Project Bird presents the opportunity to purchase the trade and assets of a Company that owns and operates an award-winning fine dining restaurant in London’s prestigous West End

Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

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Page 1: Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

Highly commended restaurant

Michelin starred

With international reputation

Featured in Hardens Guide best

100 Restaurants of 2020

c.3,000 sq ft leasehold premises

£216,900pa passing rent

Leased until 2028

Highly profitable (net profits

before management charges,

interest and depreciation of

£595,000)

7% increase in year-on-year

turnover in first 7 months of 2019

Premium offers invited

Award Winning West End Fine Dining Restaurant Business For Sale

Allexpressionsofinteresttobemadeto

theSoleAgents

PROJECT BIRD

Project Bird presents the opportunity to purchase the trade and assets of a Company that owns and operates an award-winning fine dining restaurant in London’s prestigous West End

Page 2: Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

Michelin Starred Fine Dining Restaurant Lease For Sale

PROJECT CIRCLE

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theSoleAgents

Project Circle presents the opportunity to purchase the leasehold interest in a critically acclaimed contemporary fine dining restaurant on an excellent street in the West End.

World renowned restaurant with

private dining

Prime West End Location

Michelin starred

Refurbished in 2017 to a high

standard

c.3,500 sq ft leasehold premises

£117,000pa passing rent

Leased until 2026 (inside the Act)

Premium offers invited.

Page 3: Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

Project Rose presents the opportunity to purchase the leasehold interest in a private members club operating from one of the prestigious locations in the West End of London

Widely Known Private Members Club Lease For Sale

PROJECT ROSE

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theSoleAgents

Members Club in sought after

location

Founded over 40 years ago

c.9,600 sq ft leasehold premises

£419,000pa passing rent

Leased until 2029

Established membership list with

highly selective membership

350 current members with room

for growth

Members fees up to £3,500 pa

Club includes bar, restaurant (with

balcony), events space and

nightclub

Premium offers invited

Page 4: Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

Prestigious Fine Dining Restaurant Lease For Sale

PROJECT WEST

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theSoleAgents

Project West presents the opportunity to purchase the leasehold interest in a Michelin starred fine dining restaurant located in the heart of London’s West End

Award winning restaurant

Exclusive London location

Long established and highly

regarded

Internationally recognised brand

Michelin starred

c.3,500 sq ft leasehold premises

£130,000pa passing rent

Leased until 2039

65 covers + private dining

Gross Margin‘19 £552,000

Premium offers invited

Page 5: Project West Endbulkloader.prd.pl.artirix.com.s3.amazonaws.com/6850b2f8... · 2020. 1. 28. · Members Club in sought after location Founded over 40 years ago c.9,600 sq ft leasehold

FINANCIALS

VIEWING & FURTHER INFORMATIONViewing strictly byprior appointment with the joint agents:

© Lambert Smith Hampton. Details of Lambert Smith Hampton (LSH) can be viewed on our website www.lsh.co.uk. This document is for general informative purposes only. The information in it is believed to be correct, but no express or implied representation or warranty is made by LSH as toits accuracy or completeness, and the opinions in it constitute our judgement as of this date but are subject to change. Reliance should not be placed upon the information, forecasts and opinions for any the purpose, and no responsibility or liability, whether in negligence or otherwise, is accepted by LSH or by any of its directors, officers, employees, agents or representatives for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. All rights reserved. No part of this document may be transmitted or reproduced inany material form by any means, electronic, recording, mechanical, photocopying or otherwise, or stored in any information storage or retrievalsystem of any nature, without the prior written permission of the copyright holder, except in accordance with the provisions of the Copyright Designs and Patents Act 1988. Warning: the doing of an unauthorised act in relation to a copyright work may result in both a civil claim for damages and criminal prosecution. SUBJECT TO CONTRACT Jan-2020

lsh.co.ukAlex Lowry0207 198 [email protected]

Charlotte Rogers0207 198 [email protected]

7 months to 31 Jul 2019

£’000

Year to 31 Dec 2018

£’000

Year to 31 Dec 2017

£’000Sales 2,237 3,582 3,610

Gross Margin%

1,03540%

1,56441%

1,64345%

Profit before management chargesinterest and depreciation

595 702 842

PROJECT BIRD

7 months to 31 Oct 2019

£’000

Year to 31 Dec 2018

£’000

Year to 31 Dec 2017

£’000Sales 1,027 2,005 2,333

Gross Margin%

(256)-25%

915%

32314%

Profit before management chargesinterest and depreciation

(1,209) (1,073) (801)

PROJECT ROSE

7 months to 31 Oct 2019

£’000

Year to 31 Dec 2018

£’000

Year to 31 Dec 2017

£’000Sales 1,965 2,357 2,588

Gross Margin%

55226%

69129%

87934%

Profit before management chargesinterest and depreciation

(34) (80) 215

PROJECT WEST

Source: Unaudited management accounts

Source: Unaudited management accounts

Source: Unaudited management accounts