Restaurant for Sale in West Drayton

  • Leasehold £150,000
  • £34,500/Annum
West Drayton, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in West Drayton

West Drayton, UK
  • Leasehold £150,000
  • £34,500/Annum

Description

Restaurant for Sale in West Drayton, Hillingdon.


Rent: £34,500 PAX | Circa 1576 Sq. Ft (Two Floors) | Lease: Ending March 2032


MAIN FEATURES

  • Modern Decor and Excellent Condition
  • 72 Covers (Ground, First Floor & Outdoor)
  • Eligible for 100% Business Rate Relief
  • Premises Licence (On & Off)
  • First Floor Restaurant can be converted into Flat (STPP)

LEASE DETAILS 

  • Lease Ending March 2031 (Inside the Act)
  • Rent: £34,500 PAX
  • Rent Review Term: Every 4 years
  • Next Rent Review: March 2025
  • Premium: £150,000 (Goodwill, Lease & fixtures & fittings)

PREMISES

  • EPC Rating: D
  • Total Are Circa 1576 Sq. Ft
  • Open Plan Kitchen
  • Benefits form Extraction & Gas Connection
  • Pizza Oven in Place
  • Covers: Circa 72 (Ground Floor: 20 | First Floor: 40 | Outdoor: 12)
  • Rateable Value: £12,500 (Eligible for Business Rate Relief)
  • Premises Licence in Place (Mon-Sun: 12pm till 11:00pm)
  • Permitted Opening Hours: Mon-Sun: 8am till 11:30pm

THE LOCATION

  • West Drayton, Hillingdon UB7
  • 0.1 Mile from West Drayton Station (Crossrail)
  • 2.5 Miles from Heathrow Airport
  • Busy Road with Passing Trade
  • Immediate Units Occupied by National & Independent retailers
  • Several New-Developments in the Area

TRADING

  • Turnover: Circa £5,000/week (£260,000/year) as per the seller
  • Current Trading Hours: 8:30am till 2pm & 6pm till 10:30pm | Monday Closed
  • Only Dine-In & No Delivery Partners

REASON FOR SALE

  • Retirement

LANDLORD’S REQUIREMENT

  • Personal Guarantor Required
  • Rent Deposit Required (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 West Drayton, Hillingdon
  • City London
  • Post Code UB7
  • Area West Drayton

Details

Updated on January 23, 2023 at 12:32 pm
  • Price: Leasehold £150,000
  • Size: 1576 Sq. Ft
  • Covers: 72
  • Use: Restaurant
  • Type: RESTAURANTS, CAFES
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES
  • Type
  • 72
  • Covers
  • Restaurant
  • Use
  • 1576
  • Sq. Ft

Contact Information

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