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Established Cafe In Chiswick High Road Near Chiswick-Park For Sale

Chiswick, London, UK
Asking Price:
£120,000
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: £120,000 (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: We have been informed that the business generates gross revenue of circa £156,000 per annum (£3,000/week).
Currently operates between 6am till 2:3pm (Sunday closed)
Our client manages the restaurant with 2 full time & 2 part time staff
In our opinion, the premises has potential to increase revenue by extending into dinner trading

THE LOCATION

Chiswick High Road, W4
Parking available
Stone 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 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.

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