Restaurant for Sale in Pinner, Harrow

  • Leasehold £150,000
  • £55,000/Annum
High Street, Pinner, UK

Description

Fully Fitted Restaurant for Sale in Pinner High Street. Double Front Shop.


Rent: £55,000 PAX | Circa 1672 Sq. Ft | Lease: Ending February 2041


MAIN FEATURES

  • Fully Fitted Restaurant
  • Double Fronted Unit
  • Circa 1672 Sq. Ft
  • Sought-after Location in Pinner High Street
  • Benefits from Public Car Park
  • Lease Owned by Ltd Company
  • Sale of Ltd Company (optional)

LEASE DETAILS 

  • Lease Ending February 2041
  • Current Rent: £55,000 plus VAT
  • Rent Review: 5 Yearly
  • Next Rent Review: February 2026
  • Premium: £150,000 (Lease, Ltd Company and fixtures & fittings)

PREMISES

  • EPC Rating: D
  • Circa 1672 Sq. Ft (Kitchen: Circa 215 Sq. Ft)
  • Restaurant Covers: Circa 60-70
  • Fully Functional Commercial Kitchen
  • Extraction in place
  • Benefits from Premises Licence
  • Rateable Value: 48,750 (Payable Business Rates: Circa £24,326/year)
  • Permitted Hours: 10am to 12am | Sun: 10am till 11:30pm

THE LOCATION

  • Pinner High Street, HA5
  • Few minutes from Pinner Underground (Metropolitan Line)
  • Excellent Location for a Restaurant & Bar
  • Nearby Occupiers: Lidl, Sainsbury’s

TRADING

  • Serving Pub & Bar food
  • Turnover: Circa £7,500 to £8,000/week (£390,000/annum) (as per the seller)

REASON FOR SALE

  • Other opportunities

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 3-6 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 High Street, Pinner
  • City London
  • Post Code HA5
  • Area Harrow, Pinner

Details

Updated on October 28, 2022 at 7:55 pm
  • Price: Leasehold £150,000
  • Size: 1672 Sq. Ft
  • Covers: 70
  • Use: Restaurant
  • Type: RESTAURANTS, CAFES, PUBS & BARS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES, PUBS & BARS
  • Type
  • 70
  • Covers
  • Restaurant
  • Use
  • 1672
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

Enquire About This Property

Similar Listings

Compare listings

Compare
RPS_Agent
  • RPS_Agent