Restaurant for Sale in Northfield Avenue, Ealing

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MAIN FEATURES

• Fully Fitted Restaurant
• Busy Parade
• 15 years lease remaining (inside the act)
• Business not for sale, only lease & FF&E

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LEASE DETAILS 

• Lease: Ending August 2038 (Inside the Act)
• Current Rent: £25,000 PAX
• Rent Review: Every 5 years
• Next Rent Review: August 2023
• Premium: 125,000 (Lease and FF&E)

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PREMISES

• Fully Fitted Commercial Kitchen, Restaurant & Bar
• EPC Rating: D
• Area: Total Circa 749 Sq. Ft
• Covers: Circa 30-35
• Business Rates: Circa £8,000 per annum
• Benefits from Alcohol Licence

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THE LOCATION

• Northfield Avenue, Ealing W5
• 0.3 mile from Northfield Tube Station
• 0.6 mile from South Ealing Tube Station
• 1.2 miles from Ealing Broadway
• Busy Parade with several retailers
• Immediate units occupied by several independent eateries and retailers

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TRADING

• Currently trading as an Indian Restaurant & Takeaway
• We have been informed a weekly turnover of £12,000 to £15,000 including delivery & takeaway

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REASON FOR SALE

• Other opportunities 

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LANDLORD’S REQUIREMENT

• Rent Deposit Required (subject to references)
• Personal Guarantor Required
• Bank, Trade & Accountant’s Reference required
• Evidence of financial credibility

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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.

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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.