Substantial Restaurant for Sale in Harrow. Circa 5,000 Sq. Ft.

With a total area of approximately 5,000 square feet, the restaurant offers plenty of room for both dining and private events. The establishment is suitable to create separate sections for private functions, ensuring privacy and exclusivity when required. The interior design is stylish and modern, creating a warm and welcoming ambiance throughout.

The restaurant features a fully equipped modern kitchen with state-of-the-art appliances and ample preparation space, catering to the needs of even the most discerning chefs. Fitted with a high standard brand new extraction system, two large walk-in fridge and freezer and cooking stations, this property is suitable for any large catering parties and events.

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MAIN FEATURES

• Circa 5,000 Sq. Ft spread over same level
• Fully Fitted Restaurant
• Brand New Equipment in Place
• Large Frontage with Excellent Visibility
• Sought After Location in Harrow

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LANDLORD’S REQUIREMENTS

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

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LEASE DETAILS

• Lease: Grant of new 15 years FRI Lease
• New Rent: £90,000 PAX to be reviewed every 5 years
• Service Charge: Circa £4,000 per annum
• Premium: £250,000 (Business, Lease & FF&E)

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THE PREMISES

• Total Area Circa 5,000 sq. ft
• Covers: 180 to 200
• Rateable Value: £80,000 (Payable circa £40,000)
• Opening Hours: 11am till 11pm
• Premises Licence NOT in place but can be obtained via Local Council.

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THE LOCATION

• Harrow

Situated in a prime location, this restaurant enjoys high visibility and easy accessibility. The location of this restaurant is advantageous, benefiting from heavy foot traffic and excellent visibility. Situated in Harrow, a vibrant and diverse area known for its thriving culinary scene, the restaurant enjoys a steady flow of local residents & visitors. The surrounding area provides ample parking options, further enhancing convenience for customers.

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TRADING & FINANCIALS

• Gross Sales Revenue: Circa £12,000/week (£624,000/year) (TBC)

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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.