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Established Restaurant In Eastcote For Sale

Eastcote, Middlesex, UK
Asking Price:
On request
Turnover:
£390,000
Net Profit:
Available on request

70 Covers Restaurant for Sale in Eastcote, Pinner

MAIN FEATURES

Circa 1279 Sq. Ft with 70 covers
Well Maintained Restaurant, Bar & Kitchen
Ample Storage Space
Passing Trade Throughout the Day
Customer Car Park available on Street and nearby

LANDLORD’S REQUIREMENTS

Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references

LEASE DETAILS

Lease: 12 Years New Lease (Inside the Act of 1954)
New Rent: £25,000 PAX to be reviewed every 3 years
Premium: Open to Offers

THE PREMISES

Circa 1279 Sq. Ft with 70 covers
Fully Fitted Commercial Kitchen
Opening Hours: 5:30 to 10pm (Monday Closed)
Premises Licence in Place
Business Rates: Circa £8,500 (Rateable Value: 17,000)
Permitted Hours: 12pm to 11:30pm

THE LOCATION

Eastcote, Pinner
Busy Suburb of West London
Few Minutes Walk from the Station (Bus & Underground)

TRADING & FINANCIALS

Cafe Gross Sales Revenue: Circa £7,500/week (£390,000/year) (As per the vendor)
Gross Sales is only from Dine-In & JustEat
Potential to increase sales by adding Deliveroo & UberEATS
Currently our client manages the restaurant with 4 full time and 2 part time staff

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

Lease Terms:

Lease: 12 Years New Lease (Inside the Act of 1954)
New Rent: £25,000 PAX to be reviewed every 3 years

Leasehold Rent:

£25,000 per annum