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London

POA
Restaurant Property Sellers, Ealing
SIZE AVAILABLE

1,765 sq ft

164 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes, A5 Hot Food Take away, B1 Business and Class E

A1, A3, A5, B1, E

Key features

  • LEASEHOLD ASSIGNMENT AND BUSINESS FOR SALE
  • Highly Sought After Location in London
  • Passing Trade
  • Circa 1,765.17 Sq. Ft
  • Circa 68 covers
  • Fully Electric, No Gas
  • Premises Licence in Place

Description

Restaurant for sale in London.

Property ID: RPS-21653

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN FEATURES

Highly Sought After Location in London
Passing Trade
Circa 1,765.17 Sq. Ft
Circa 68 covers
Fully Electric, No Gas
Premises Licence in Place

LEASE DETAILS

Lease: Ending Dec 2032 (Inside the Act of 1954)
Passing Rent: £130,000 plus VAT (stepped rent)
Rent Review: Every 5 Years
Next Rent Review: Dec 2027
Premium: POA (Business, Lease & FF&E)

LANDLORD'S REQUIREMENT

Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant's Reference required
Evidence of financial credibility

THE PREMISES

Circa 1,765.17 Sq. Ft
Total 68 Covers
Fully Electric, No Gas
3-phase Electric Power Supply & Extraction
Premises Licence in Place
Five-Star Food Hygiene Rating
Payable Business Rates: Circa £65,520/annum (Rateable Value: £120,000)

THE LOCATION

Prime Location in London
Passing trade throughout the day

TRADING

Gross Turnover 2022-23: £1.6 million

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.

About Restaurant Property Sellers, Ealing

Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QE

We specialise in selling freehold hospitality properties and leasehold businesses ranging from an independent cafe to hotels. Whether you are a commercial landlord thinking of leasing or selling your freehold commercial property or a food business owner looking to sell your business, we can help.

Our team has a combined experience of over 15 years in the hospitality sector along with data driven Digital Marketing industry, which allows us to reach the right buyers as well as commercial tenants for independent restaurant businesses and commercial landlords alike.

Our selling process involves an array of marketing tactics ranging from targeted data generation to reaching the right prospect using the latest digital and data-based marketing along with offline marketing and advertising tactics. CONTACT US NOW.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RPS-21653_LONDON_KHS_RESTAURANT. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Restaurant Property Sellers, Ealing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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