Description

Restaurant for sale in Hounslow with “Late Night Takeaway Licence” & staff accommodation

Property ID: RPS-23320

PROPERTY & BUSINESS SNAPSHOT

Type	100 cover restaurant & takeaway with 2 staff rooms
Location	TW5, Hounslow
Lease expiry	Ending in May 2034 (Inside the 1954 Act)
Rent	£28,000 p.a. exclusive
Rent review	Every 5 years with another due in May 2029
Floor area	Approx. 2200 sq. ft
Covers	Circa 100 covers
Rateable value	27,250
Business rates payable	Circa £7,900 p.a.
Permitted use	Restaurant (Class E)
Annual Turnover	Circa £520,000 (circa £10,000/week)
Ancillary	5am Takeaway Licence, Premises Licence & 2 rooms staff accommodation
Premium	£190,000 (lease, goodwill and FF&E)

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
3-6 month’s rent deposit required (subject to references)
Other usual checks will be carried out

MAIN DETAILS

Restaurant and late night licenced takeaway until 5am
We have been informed that the business generates average gross revenue of £10,000 per week without selling alcohol
The current owners have not used premises licence hence has a great opportunity to increase revenue
There are several hotels in close proximity and due to easy access to Heathrow as well as Central London the business attracts several large tourist bookings on daily basis
Our client is based overseas and has other interests hence selling the business

THE BUSINESS & PREMISES

Fully fitted double fronted 100 cover restaurant in Hounslow with premises licence
Fully fitted open plan kitchen with cold room and ample storage space
A separate takeaway shop benefitting from 5am “takeaway licence”
Upper part with separate front entrance comes with 6 additional rooms with 2 rooms permitted to use as staff accommodation but not permitted for third party sub-letting

THE LOCATION

Mixed use parade in Hounslow, TW5
Strong local residential area with easy access to Heathrow & Central London
Several hotels in close proximity

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

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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.