Description

Fully Fitted Restaurant for Sale in North Harrow

Property ID: RPS-23335

PROPERTY & BUSINESS SNAPSHOT

Type	Fully fitted Restaurant
Location	Busy parade next to North Harrow station
Lease expiry	Grant of new 15 year lease (Outside the Act)
Rent	£48,000 p.a. exclusive
Rent review	Every 5 years
Floor area (approx)	Circa 1,500 sq. ft
Covers	Circa 70 covers
Rateable value	17,750
Business rates payable	Circa £6,000 p.a. (may qualify for discount)
Permitted use	Restaurant
Turnover	£4,500 per week
Ancillary	Cold room, three phase, outdoor seating & premises licence
Premium	£149,000 (New Lease and FF&E)

LEASE & LANDLORD’S REQUIREMENTS

A new 15-year lease is available at a rent of £48,000 per annum exclusive, with rent reviews every 5 years.
Lease will be granted outside the Act of 1954

The landlord requires:

A guarantor, subject to references.
Three to six-month rent deposit, subject to references.
Satisfactory completion of the landlord’s usual referencing and due-diligence procedures.

MAIN HIGHLIGHTS

Right by North Harrow station, on a busy high street full of passing customers
Fully fitted restaurant and commercial kitchen to highest standard
Approx. 70 customer covers with outdoor dining space
New 15-year lease available, subject to landlord’s usual terms and references.
Suitable for an experienced operator, franchisee, or food business looking for a ready-to-use premises in a strong Harrow location.

THE BUSINESS

Our client is not selling the business — the premium is sought solely for granting a new lease, complete with fixtures and fittings
We understand the business currently generates gross revenue of approximately £4,500 per week. This figure is for guidance only and should be independently verified by any prospective purchaser as part of their due diligence

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.

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.