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Established Cafe In Chiswick High Road Near Chiswick Park For Sale

Chiswick, London, UK
Asking Price:
£150,000
Turnover:
£156,000
Net Profit:
Not applicable

Fully Fitted & Established Cafe For Sale in Chiswick High Road near Chiswick Park

Property ID: RPS-22719

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

Established cafe located in Chiswick High Road
Close to Chiswick Park
Benefits from extraction & three phase supply
Gas supply in place not used
Owner's car park available

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

LEASE DETAILS

Lease: Ending October 2037 (Inside LTA 1954 Act)
Current Rent: £27,500 PAX
Premium: £150,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Internal area: circa 842.49 sq. ft (spread over two levels)
Circa 48 covers with outdoor seating
Benefits from extraction & three phase
Gas supply in place but not in use
Rateable Value: 16,750

Payable Rates: Circa £8,358.25/annum

THE BUSINESS

Gross Revenue: The business reportedly generates gross revenue of circa £156,000 per annum (£3,000/week).
Currently operates between 6:00 AM and 2:30 PM (Sunday closed).
The current owner manages the restaurant with 2 full-time & 2 part-time staff.
The premises has potential to increase revenue by extending into dinner trading.

THE LOCATION

Chiswick High Road, W4
Parking available
A stone's throw away from Chiswick Park.
Several offices around offering lunch trade.

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers may be required to sign a Non-Disclosure Agreement due to the confidentiality of the sale.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Lease: Ending October 2037 (Inside LTA 1954 Act)
Current Rent: £27,500 PAX

Leasehold Rent:

£27,500 per annum

Location:

Chiswick High Road, W4
Parking available
Stone throw away from Chiswick Park
Several offices around offering lunch trade

Premises Details:

Internal area: circa 842.49 sq. ft (spread over two levels)
Circa 48 covers with outdoor seating
Benefits from extraction & three phase
Gas supply in place but not in use
Rateable Value: 16,750
Payable Rates: Circa £8,358.25/annum

Size in square feet:
842.49 sq. ft