Cafe for Sale in West Ealing (Under Offer)

  • Premium £85,000
  • £30,000/Annum
West Ealing, London, UK
UNDER OFFER BUSINESS & LEASE FOR SALE

Cafe for Sale in West Ealing (Under Offer)

West Ealing, London, UK
  • Premium £85,000
  • £30,000/Annum

Description

Established Cafe Business for Sale in West Ealing.

Excellent opportunity to acquire an established cafe business located in the bustling West Ealing area of London. Situated in the heart of West Ealing Broadway, this cafe enjoys high foot traffic and excellent visibility, attracting both local residents and passersby. Very well maintained and trading over 20 years. Viewing highly recommended.


MAIN FEATURES

  • Prime Location in West Ealing
  • Well Established Cafe Business
  • Benefits from Extraction
  • Gas Supply but currently not used (Electric Only)
  • Three Phase electricity in place
  • Circa 1411 Sq. ft (Ground Floor & Basement)
  • Owner car park space for 2
  • Customer Car Park nearby

LANDLORD’S REQUIREMENTS

  • Three to Six month’s rent deposit subject to references
  • Personal Guarantor Required
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Grant of New 15 Years Lease (Inside the Act 1954)
  • Rent: £30,000 PAX
  • Rent Review: Every 5 years
  • Next Rent Review: TBC
  • Premium: £85,000 (Business, New Lease & FF&E)

THE PREMISES

  • Circa 1411 Sq. ft (Ground Floor: 868 Sq. Ft & Basement: 542 Sq. Ft)
  • Covers: 35
  • Rateable Value: £20,250 (Payable Rates Circa £8,000/year)
  • Benefits from Extraction
  • Benefits from Three Phase Electric supply
  • Gas Supply in place but not used

THE LOCATION

  • W13, West Ealing Broadway
  • High Footfall throughout the day
  • Immediate Units occupied by national as well as independent retailers

Situated in the heart of West Ealing Broadway, this cafe enjoys high foot traffic and excellent visibility, attracting both local residents and passersby. The property enjoys a prominent position with significant exposure to the bustling streets of West Ealing Broadway, ensuring maximum visibility and attracting a steady stream of potential customers.


TRADING & FINANCIALS

  • Gross Sales Revenue: Circa £4,300 to £4,600 (£239,000/year) (As per the seller)
  • We have been informed that the restaurant currently operates with 2 owners and a part time staff

REASON FOR SALE

  • Retirement sale

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.


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.

Details

Updated on September 27, 2023 at 11:09 am
  • Price: Premium £85,000
  • Size: 1411 Sq. ft
  • Covers: 35-40
  • Use: Cafe
  • Type: RESTAURANTS, CAFES
  • Status: UNDER OFFER

Overview

  • RESTAURANTS, CAFES
  • Type
  • 1411
  • Sq. ft

Contact Information

RPS_Agent
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