Takeaway Business in Southall (Sold)

  • Premium £280,000
  • £27,000/Annum
Southall, UK
SOLD

Takeaway Business in Southall (Sold)

Southall, UK
  • Premium £280,000
  • £27,000/Annum

Description

Fast Food Takeaway for Sale in Southall with 3-Bed Flat


MAIN FEATURES

  • 3-Bed Flat Included
  • Busy Parade in Lady Margaret Road, Southall
  • Fully Fitted Takeaway Shop

LEASE DETAILS 

  • Lease Ending May 2030 (Inside the Act)
  • Current Rent: £27,000 PAX
  • Rent Review Term: Every 4 years
  • Next Rent Review: May 2026
  • Premium: £280,000 (Business, Lease & fixtures & fittings) (VAT may apply)

PREMISES

  • EPC Rating: C
  • Area: Circa 739 Sq. Ft (Internal area)
  • Large External Storage Space (Area TBC)
  • Rateable Value: £15,750 (Payable: Circa £7,500/annum)
  • Fully fitted with two extractions, cold room, pizza oven & grill etc.

THE LOCATION

  • Lady Margaret Road, Southall
  • 0.6 mile from Southall Broadway
  • 1.9 miles from Greenford Broadway

TRADING

  • Turnover: Circa £11,000/week (£572,000/year) as per the seller
  • Trading Hours: 11am till 11pm
  • Serving Pizza, Burger & Peri-Peri
  • Partner with JustEat, Deliveroo & UberEATS

REASON FOR SALE

  • Retirement Sale

LANDLORD’S REQUIREMENT

  • Personal Guarantor is Required
  • Rent Deposit of 3-6 months
  • Bank, Trade & Accountant’s Reference required
  • Evidence of financial credibility

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are 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 July 13, 2023 at 5:10 pm
  • Price: Premium £280,000
  • Size: 739 Sq. Ft
  • Covers: 10
  • Use: Takeaway
  • Status: SOLD

Overview

  • 739
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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