Restaurant & Cafe in Willesden Green (SOLD)

  • Leasehold £95,000
  • £21,500/Annum
Willesden Green, London, UK
SOLD

Restaurant & Cafe in Willesden Green (SOLD)

Willesden Green, London, UK
  • Leasehold £95,000
  • £21,500/Annum

Description

Fully Fitted & Modern Cafe Lease for Sale

Located in the heart of Willesden, this cafe business has been successfully operating for several years and is now available for sale. The cafe is situated on a busy street with high foot traffic, and boasts a cozy and inviting atmosphere that keeps customers coming back time and time again.


MAIN FEATURES

  • Lease and Fixtures & Fittings for Sale
  • Modern Decor and Excellent Condition
  • Fully Fitted & no Further Work Required
  • Trading as Cafe & Restaurant
  • No Gas, Electric Only
  • Basement Storage
  • Premises License

LEASE DETAILS 

  • Lease Ending Jan 2028 (Inside the Act)
  • Rent: £21,500 PAX
  • Rent Review Term: Every 5 years
  • Next Rent Review: Jan 2028
  • Premium: £95,000 (Lease & fixtures & fittings)

PREMISES

  • Total Area Circa 626 Sq. Ft
  • Benefits form Extraction
  • Three Phase Electricity Supply but not used
  • Pizza Oven in Place
  • Covers: Circa 28 + Outdoor: 6
  • Rateable Value: £14,250 (Eligible for Business Rate Relief)
  • Owner Car Park: 01
  • Premises License in Place
  • Permitted Opening Hours: 7am till 11pm

THE LOCATION

  • Willesden Green, NW2
  • 0.1 Mile from Willesden Green Underground
  • Busy Road with Passing Trade
  • Immediate Units Occupied by National & Independent retailers

TRADING

  • Turnover: Gross £580,000 (Year Ending May 2021)
  • Gross Turnover: £635,382 (2022) & £580,546 (2021)
  • Current Trading Hours: 9am to 10:30 pm | Tuesday Closed
  • UberEATS, Deliveroo & JustEat
  • Excellent reviews across all platforms

REASON FOR SALE

  • Commuting & Retirement 

LANDLORD’S REQUIREMENT

  • 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.

Details

Updated on November 22, 2023 at 7:17 pm
  • Price: Leasehold £95,000
  • Size: 626 Sq. Ft
  • Covers: 34
  • Use: Cafe & Restaurant
  • Status: SOLD

Overview

  • 626
  • Sq. Ft

Contact Information

RPS_Agent
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