Restaurant for Sale in Hatch End

  • Premium £250,000
  • £60,000/Annum
Hatch End, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Hatch End

Hatch End, UK
  • Premium £250,000
  • £60,000/Annum

Description

Restaurant for Sale in Hatch End with Large Rear Space with Planning


MAIN FEATURES

  • Planning Approval in Place to Rear Extension
  • Fully Fitted and Modern Bar & Restaurant
  • Circa 2,371 Sq. ft (GF: 1500 Sq. Ft | First Floor: Circa 871 Sq. Ft)
  • Circa 120 Covers but spread over several dining spaces
  • Lease owned by Ltd Company

LANDLORD’S REQUIREMENTS

  • 3-6 Months Rent Deposit Subject to References
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending July 2031
  • Rent: £60,000 PAX reviewed every 3 years
  • Rent Review: July 2024
  • Premium: 250,000 (Business, Lease & FF&E)

THE PREMISES

  • Excellent and modern décor
  • Total Area Circa 2371 Sq.. Ft
  • Ground Floor: 76 Covers including Two Private Dining Rooms
  • First Floor: 30 Covers
  • Pavement: Circa 20
  • Rateable Value: 39,500 (Payable Rates: £19,710 per annum)
  • Fully equipped commercial kitchen
  • Premises Licence in Place
  • Permitted Hours: 11am till 12am (Fri-Sat: 11am till 1am)

THE BUSINESS

  • Gross Turnover: Circa £7,500 to £8,500/week (£416,000/annum) (as per the seller)
  • Current Opening Hours: 5pm till 12am

THE LOCATION

  • Hatch End, Pinner, Harrow
  • Sought after Location
  • Busy Street with multiple retailers
  • Passing Trade Throughout the Day

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 January 3, 2024 at 12:30 pm
  • Price: Premium £250,000
  • Size: 2371 Sq. Ft
  • Covers: 100
  • Use: Restaurant
  • Type: RESTAURANTS, PUBS & BARS, SHISHA BUSINESS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, PUBS & BARS, SHISHA BUSINESS
  • Type
  • 2371
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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