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Fitted 110-Cover Restaurant In Bayswater, London For Sale

Bayswater, London, UK
Asking Price:
On request Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

An opportunity to acquire the existing lease and trade contents of a fully fitted restaurant in a prime position on Westbourne Grove, Bayswater, London. Currently under offer, the premises are available at nil premium and occupy a prominent double-fronted position in an area benefiting from high pedestrian footfall. Previously operated as an Asian restaurant, the business is currently closed and not trading.

The restaurant provides approximately 2,800 sq. ft. of accommodation arranged across the ground floor and basement, with capacity for approximately 110 covers. The fitted premises offer an opportunity for an incoming operator to establish a restaurant business within an existing hospitality setting, subject to any necessary consents.

The property benefits from a prominent trading location and an existing lease with annual rent of £108,000. The lease expires in 2028 and is stated to be within the security of tenure provisions of the Landlord and Tenant Act 1954. Its established restaurant layout and Westbourne Grove frontage make it an appealing opportunity for experienced hospitality operators.

  • Prime Westbourne Grove location in Bayswater.
  • Nil premium for the existing lease and trade contents.
  • Fully fitted former Asian restaurant with approximately 110 covers.
  • Double-fronted premises with high pedestrian footfall.
  • Approximately 2,800 sq. ft. across ground floor and basement.
  • Annual rent of £108,000, with lease expiring in 2028.

Property Information

Property:

Leasehold

Lease Terms:

Existing lease expiring in 2028, stated to be within the security of tenure provisions of the Landlord and Tenant Act 1954.

Nil premium for the existing lease and trade contents.

Leasehold Rent:

£108,000 per annum. per annum

Location:

Prime position on Westbourne Grove in Bayswater, London, benefiting from prominent double-fronted premises and high pedestrian footfall.

Premises Details:

Fully fitted former Asian restaurant arranged over the ground floor and basement, with approximately 110 covers. The premises are currently closed and not trading.

Size in square feet:
Approximately 2,800 sq. ft. across the ground floor and basement.

Business Operation

Expansion Potential:

The existing restaurant fit-out and prominent location offer an opportunity to establish a new restaurant operation, subject to any necessary consents.