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Twickenham, London, TW1

£155,000

£79.28 per sq ft

Business rates & charges may apply

Restaurant Property Sellers, Ealing
SIZE AVAILABLE

1,955 sq ft

182 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
  • Double Fronted Unit in High Street Location
  • Fully Fitted & Open Plan Kitchen
  • Circa 1,955.15 Sq. Ft with 100 covers
  • 5-Star Food Hygiene Rating
  • Benefits from Premises Licence

Description

Double Fronted & Fully Fitted Restaurant for sale in Twickenham.

Property ID: RPS-21353

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

MAIN FEATURES

Double-Fronted Unit in High Street Location
Fully Fitted & Open Plan Kitchen
Circa 1,955.15 Sq. Ft with 100 covers
5-Star Food Hygiene Rating
Benefits from Premises Licence

LANDLORD'S REQUIREMENTS

Guarantor Required (Subject to References)
3-6 Months Rent Deposit (Subject to References)
Accountant's references
Trade references

LEASE DETAILS

Lease Ending: Jan 2038 (Outside the Act of 1954)
Current Rent: £55,000 per annum
Rent Review: Every 5 Years
Next Rent Review: June 2028
Premium: £155,000 (Business, Lease & FF&E)

THE PREMISES

Open Plan Kitchen
Circa 1,955.15 Sq. Ft
Circa 100 covers Restaurant
Fully Fitted Commercial Kitchen
Gas, Extraction & Three Phase in Place
Premises Licence in Place
Payable Business Rates: Circa £19,461/annum (Rateable Value: £39,000)
5 Star Food Hygiene Rating
EPC Rating: C

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £452,000 per annum (£8,500-9,000/week) without Rugby days.
High Revenue during Rugby days
Our client manages the restaurant with 5 Full-time staff.

THE LOCATION

Twickenham TW1
Nearby occupiers include Pizza Express, Be At One Bar and other national retailers

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree to a 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 is issued without responsibility on the part of the firm therefore is 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

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Disclaimer - Property reference RPS-21353_TWICKENHAM_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.

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