Restaurant in South Ealing (SOLD)

Restaurant for Sale in South Ealing

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Price: £70,000 | Rent: £16,000 PAX  | Area: Circa 979 Sq. ft | Lease: 19 years remaining

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MAIN FEATURES

• Sought after location in South Ealing
• Total area circa 979 sq. ft
• Spacious kitchen with ample storage

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LEASE DETAILS

• Lease: 20 years from 12th Oct 2021
• Passing Rent: 16,000 PAX
• Rent Review Term: Every 5 years
• Next Rent Review: 2026
• Premium: £70,000 (Goodwill, Lease & FF&E)

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TRADING DETAILS

• Turnover: £3,000 per week (to be verified)
• Partner with Deliveroo, JustEat & Uber Eats.

Description: Currently trading as an Indian restaurant, we have been informed that current gross sales are in the region of £3,000 including dine-in, takeaway and delivery. They operate between 5:30pm till 11pm, closed on Tuesdays. We believe there are opportunities to increase the sales by extending the opening hours.

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THE LOCATION

• South Ealing
• Busy local parade
• Several Retail Shops & Eateries nearby
• Ealing Broadway: 1 mile

Description: Situated on a sought after location in South Ealing, this restaurant is perfectly located for a lunch and dinner trade. The immediate shops are home to some popular independent retailers and restaurants. There are multiple street parkings available.

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THE PREMISES

• Covers: 35-40
• Air Condition
• Total Area: Circa 979 sq ft
• Restaurant Use
• Commercial Gas & Extraction
• Premises Licence
• Business Rates: Circa £4,303 (discounted rate)

 

Description: Fully fitted and well presented 35-40 cover restaurant is suitable to any kind of cuisine. Wooden floor spread over the restaurant and WC with plaster board ceiling with fitted Air-Condition. Spacious kitchen with fully functional 10 burner cooker and extraction. It also benefits from fridge, freezer, hot plate warmer and clay oven tandoor.

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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 and must have proof of funds to meet the premium and landlord’s requirements.

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.