Description

Indian Restaurant for sale on Shepherds Bush Rd, Hammersmith

Property ID: RPS-23261

PROPERTY & BUSINESS SNAPSHOT

Type	Well established Indian Restaurant
Location	Brook Green/Hammersmith area
Lease expiry	February 2046 (Inside the 1954 Act)
Rent	£50,000 p.a. exclusive
Rent review	Every 5 years with another due in 2031
Floor area	Approx. 2,700 sq. ft (ground floor & basement)
Covers	Circa 80 covers
Rateable value	37,250
Business rates payable	Circa £12,223 p.a. (after discount)
Permitted use	Restaurant (Class E)
Weekly Turnover	£7,000 to £9,000
Ancillary	Premises licence, cold room & owner’s car park
Premium	£145,000 (New lease, goodwill and FF&E)

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
Rent deposit required (subject to references)
Other usual checks will be carried out

MAIN DETAILS

Well established Indian restaurant in a prominent corner position on Shepherds Bush Road
Ground floor is circa 1423 sq. ft with 80 covers, bar, WC and fully fitted commercial kitchen
Basement comes with a generous ceiling height and currently used as office, staff room & storage
Benefits from owner car park for 3-4 cars

THE BUSINESS & PREMISES

Our client manages the business with 9 full-time staff members and we have been informed that the business generates gross revenue of £7,000 to £9,000 per week.
The premises is spread over approximately 2,700 sq. ft., with a seating capacity for up to 80 guests and benefits from a well-maintained and fully fitted commercial kitchen.

THE LOCATION

Prominent corner unit on Shepherds Bush road
Hammersmith Broadway: 0.7 mile
Goldhawk Road Station: 0.3 mile
Shepherd’s Bush Green: 0.3 mile

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

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.