Restaurant for Sale in Edgware, Harrow. 2-Bed Flat Included
MAIN FEATURES
- 2-Bed Flat Included (Newly Refurbished)
- Fully Fitted Kitchen, Bar & Restaurant
- Lease Under Ltd Company
- Option to Purchase Ltd Company
- Lease Ending July 2042 (Outside the Act)
LANDLORD’S REQUIREMENT
- 3-6 Month’s Rent Deposit Required (subject to references)
- Personal Guarantor may be required
- Bank, Trade & Accountant’s Reference required
- Evidence of financial credibility
LEASE DETAILS
- Lease Ending July 2042 (Outside the Act)
- Passing Rent: £36,000 pax
- Rent Review: Every 5 years
- Next Rent Review: July 2027
- Premium: 65,000 (Ltd, Business, Lease and FF&E)
PREMISES
- EPC Rating: C
- Area: Total Circa 1597 sq. ft (Ground Floor: 1135 Sq. Ft | First Floor: 614 Sq. Ft)
- Covers: Circa 70-80 (Gf: Circa 40-50 | First Floor: Circa 30)
- Benefits from Extraction & Premises Licence
- Permitted Opening Hours: 12pm till 11pm (Fri-Sun: 2am)
- Alcohol License 12pm till 11pm
- Rateable Value: 24,500 (Payable Rates: £12,000)
THE LOCATION
TRADING
- Weekly Turnover: Circa £2,00o to £2,500 per week (As per the seller)
REASON FOR SALE
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.