Indian Restaurant for Sale in Harrow

  • Premium £130,000
  • £25,500/Annum
Harrow, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Indian Restaurant for Sale in Harrow

Harrow, UK
  • Premium £130,000
  • £25,500/Annum

Description

Indian Restaurant for Sale in Harrow. Newly Fitted. Circa 42 Covers.


MAIN FEATURES

  • Newly Fitted Restaurant
  • Busy Location in Harrow
  • High Footfall throughout the day
  • 2 Bed Flat available on £1,100/month on a separate contract

LANDLORD’S REQUIREMENTS

  • Rent deposit subject to references
  • Personal Guarantor subject references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Grant of New Lease
  • Passing Rent: £25,500 PAX (only ground floor restaurant)
  • Rent Review : Every 5 years
  • 2 Bed Flat available on £1,100/month on a separate contract
  • Premium: £130,000 (Lease & FF&E)

THE PREMISES

  • Circa 910 Sq. Ft with 42 Covers
  • Opening Hours: 8:00 to 4pm (Wed-Mon 12pm – 10pm & Tue Closed)
  • Business Rates: Circa £9,106 (Rateable Value: 18,250)
  • Gas and Extraction in Place

THE LOCATION

  • Harrow, London
  • 0.4 miles to Harrow on the Hill
  • Immediate units are occupied by Independent and National Retailers

TRADING & FINANCIALS

  • Trading as Restaurant
  • Gross Sales Revenue: Circa £6,000/week (£312,000/year) (As per the vendor)

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 15, 2023 at 11:15 am
  • Price: Premium £130,000
  • Size: 910 Sq Ft
  • Covers: 42
  • Use: Restaurant/Cafe
  • Type: RESTAURANTS
  • Status: AVAILABLE

Overview

  • RESTAURANTS
  • Type
  • 910
  • Sq Ft

Contact Information

RPS_Agent
  • RPS_Agent

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