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Chinese Takeaway In Northwood Hills Harrow For Sale

Harrow, London, UK
Asking Price:
£90,000
Turnover:
£286,000
Net Profit:
Available on request

Chinese Takeaway for Sale in Northwood

Rent: £16,000 PAX | Area: Circa 956 Sq. ft | Lease: Ending March 2031 

Main Features

Fully Fitted Chinese Takeaway
Total area circa 956 sq. ft

Lease Details

Lease: 12 years from Dec 2021
Passing Rent: £16,000 PAX
Service Charge: £990 per year
Next Rent Review: March 2023
Rent Review Term: Every 4 years
Premium: £90,000 (Business, Lease & FF&E only)

The Location

Northwood, Pinner HA6
Busy Parade
Several Retail Shops & Eateries nearby

Description: Located on a busy parade in Northwood, the subject property attracts high passing trade throughout the day. The immediate shops are occupied by national as well as independent retailers like Subway.

Trading

Weekly gross sales of circa £6,000
Deliveroo, Just Eat & UberEATS
Own online ordering website

Description: Currently trading as a Chinese restaurant & takeaway, our client launched this business a year ago with brand new fixtures and fittings. The business has huge potential and despite newly opened its gross sales are around £6,000 per week. Our client is seeking premium for the business, lease and the investment made on refurbishment and fixtures and fittings.

The Premises

Restaurant & Takeaway Use
Covers: Circa 20-25
Rateable Value: £14,250
Payable Business Rates: Circa 7,500 per year
Size: Circa 956 sq. ft

Description: Fully fitted Chinese takeaway shop, suitable to any kind of cuisine. Tiled floor spread over the shop with plaster board ceiling. The unit benefits from extraction system and air condition unit. The equipment includes Chinese cooker, fryer, fridge, freezer, hot plate warmer and several other equipment.

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.

Property Information

Property:

Leasehold

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