Restaurant & Cafe for Sale Chiswick (King Street, Hammersmith)

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Rent: £33,000 PAX | Circa 1989 Sq. ft (Two Floors) | Lease: Ending August 2036 (Inside the Act)

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MAIN FEATURES

• Prominent Location
• Immaculate Condition & Fully Fitted
• Substantial Basement
• On & Off Alcohol Licence

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LEASE DETAILS

• Lease: Ending August 2036 (Inside the Act)
• Passing Rent: £33,000 PAX
• Rent Review: Every 4 years
• Next Rent Review: August 2024
• Premium: £155,000 (Benefits of Lease & FF&E)

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THE LOCATION

• Hammersmith, W6
• Several Retail Shops & Eateries nearby
• Ravenscourt Underground: 0.2 Mile
• Hammersmith Broadway Shopping Centre: 0.7 Mile
• Stamford Brook Station: 0.3 mile

Description: Located in a sought after area in Hammersmith, the subject property is an attractive proposition for any kind restaurant or bar business. The immediate area a mixture of several independent eateries. It attracts footfall throughout day and night. There are plenty of sideroad parking available which are free after 5pm.

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TRADING

• Gross Sales Revenue: Circa £442,000 per year (£8,500 per week) (As per the seller)
• Trading as Pizzeria & Restaurant
• Operated by 5 full time staff and one owner
• Delivery partnership with JustEat, Deliveroo & UberEats

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THE PREMISES

• Total Area Circa 1989 sq. ft
• Ground Floor: 595 sq. ft (Retail & Pizza Oven)
• Covers: Circa 25-30
• Outdoor Seating: Circa 10-15 covers
• Basement: 1394.78 sq. ft (Kitchen, Retail & Staff Room)
• Rateable Value: £24,000
• Payable Rates: Circa £8,000 per year (relief applied)
• On & Off Alcohol Licence

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Description: Brand new flooring, painting, Pizza oven, fully functional air conditioning, fitter alarm, this restaurant unit spread over two floors. The ground floor comprise of a dining area with circa 25-30 covers, customer WC, and a bar. The basement accommodates a seating area, staff room, staff toilet and an office. The unit also has a storage shed to the rea.

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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.