Restaurant for Sale in Hatch End, Pinner

  • Leasehold £140,000
  • £35,000/Annum
461 Uxbridge Rd, Pinner HA5 4JS, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Hatch End, Pinner

461 Uxbridge Rd, Pinner HA5 4JS, UK
  • Leasehold £140,000
  • £35,000/Annum

Description

Fully Fitted Restaurant for Sale in Hatch End, Pinner. 1-Bed Flat Included.


Rent: £35,000 PAX | Circa 1266 Sq. Ft | Lease: Ending September 2043 


MAIN FEATURES

  • Fully Fitted Bar & Restaurant
  • Kitchen on First Floor
  • Includes 1-Bed Flat with Separate Access
  • Currently Closed
  • Sought After Location in Hatch End, Pinner
  • Benefits from Public Car Park
  • Lease Owned by Ltd Company
  • Sales of Ltd Company (optional)

LEASE DETAILS 

  • Lease Ending September 2043
  • Current Rent: £35,000 PAX
  • Rent Review: 5 Yearly
  • Next Rent Review: September 2023 (Rent agreed at £45,000 PAX)
  • Premium: £140,000 (Lease, Ltd Company and fixtures & fittings)

PREMISES

  • EPC Rating: D
  • Circa 1266 Sq. Ft (Ground Floor: 1022 Sq. Ft | First Floor Kitchen: Circa 248 Sq. Ft)
  • Restaurant Covers: Circa 60-70
  • Fully Functional Commercial Kitchen
  • Extraction in place
  • Three Phase in place
  • Benefits from Premises Licence
  • Rateable Value: 27,250 (Payable Business Rates: Circa £13,560/year)
  • Permitted Hours: 10am to 12am | Sat & Sun: 10am till 1am

FIRST FLOOR FLAT

  • 1 Living Room
  • 1 Bedroom
  • Bathroom & Kitchen
  • Restaurant Storage

THE LOCATION

  • 461 Uxbridge Rd, Pinner HA5 4JS
  • Hatch End Station: 0.4 mile
  • Excellent Location for a Restaurant & Bar
  • Popular Eateries: Izgara, Social Dhaba, Sakonis

TRADING

  • Currently Closed

REASON FOR SALE

  • Serious Health Issues
  • Other commitments

LANDLORD’S REQUIREMENT

If the proposed buyer prefers lease assignment rather than purchase of Ltd company, the landlord may require the following:

  • Preferably with Hospitality Background
  • Rent Deposit of 6 months (subject to references)
  • Bank, Trade & Accountant’s Reference required
  • Evidence of financial credibility

VIEWINGS & CONFIDENTIALITY

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

  • Address Uxbridge Rd, Pinner
  • Post Code HA5 4JS
  • Area Hatch End, Harrow

Details

Updated on November 2, 2022 at 12:42 pm
  • Price: Leasehold £140,000
  • Size: 1266 Sq. Ft
  • Covers: 60-70
  • Use: Restaurant
  • Type: RESTAURANTS, PUBS & BARS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, PUBS & BARS
  • Type
  • 60-70
  • Covers
  • Restaurant
  • Use
  • 1266
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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