Indian Restaurant in Staines (SOLD)

  • Leasehold £45,000
  • £20,000/Annum
Staines-upon-Thames, UK
SOLD

Indian Restaurant in Staines (SOLD)

Staines-upon-Thames, UK
  • Leasehold £45,000
  • £20,000/Annum

Description

Restaurant Business for Sale in Staines


MAIN FEATURES

  • 1242 Sq Ft Restaurant Unit
  • Grant of New 16 years FRI lease
  • High Street Location

LEASE DETAILS

  • Lease: Grant of new 16 years lease
  • Rent: 20,000 PAX (Restaurant Only)
  • Rent Review Term: Every 4 years
  • Premium: £45,000 (FF&E)

TRADING DETAILS

  • Turnover: £3,000 (to be verified)
  • Partner with Deliveroo, JustEat & Uber Eats.
  • Own online ordering website

Description: We have been informed that current gross sales are in the region of £3,000 per week including dine-in, takeaway and delivery. Currently our client manages the restaurant with 4-5 staff in the kitchen and 3-4 FOH staff.


THE LOCATION

  • Staines, TW18
  • Busy High Street
  • Several Retail Shops & Eateries nearby
  • Elmsleigh Shopping Centre: 0.2 mile
  • Staines Train Station: 0.3 mile
  • Staines Premier Inn: 0.1 mile

Description: The subject business is situated on a busy High Street of Staines with multiple residential and commercial redevelopments in recent years. Within a walking distance of the Elmsleigh Shopping Centre and Premier Inn Hotel, we believe the property has a huge potential for both restaurant and takeaway business.


THE PREMISES

  • Covers: 50 
  • Air Condition
  • Total Area: Circa 1242 sq ft
  • Restaurant Use
  • Commercial Gas & Extraction
  • Premises Licence
  • Permitted Hours: 12pm till 11pm & Sunday 12pm till 10:30pm
  • Rateable Value: £13,500 (Payable £3,000 per year with relief)

 

Description: Fully fitted and well presented 50 cover restaurant is suitable to any kind of cuisine or takeaway. Recently refurbished wooden floor spread over the restaurant and WC with plaster board ceiling with fitted Air-Condition. Spacious kitchen with fully functional 10 burner cooker and extraction. It also benefits from fridge, freezer, hot plate warmer and clay oven tandoor.


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 December 16, 2022 at 7:09 pm
  • Price: Leasehold £45,000
  • Size: 1242 Sq Ft
  • Covers: 50
  • Use: Restaurant
  • Status: SOLD

Overview

  • 1242
  • Sq Ft

Contact Information

RPS_Agent
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