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Fully Fitted Indian Restaurant In Shepherd's Bush For Sale

Shepherds Bush, London, UK
Asking Price:
£165,000
Turnover:
£234,000
Net Profit:
Not applicable

Fully Fitted Indian Restaurant For Sale in Shepherd's Bush

Property ID: RPS-22714

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

MAIN DETAILS

Fully fitted & modern Indian restaurant
Circa 95 covers spread over ground floor & basement
Premises licence in place
Private dining room & outdoor seating available
Great visibility

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 February 2033 (Outside LTA 1954 Act)
Current Rent: £48,000 PAX
Rent review: Every 5 years
Next rent review: Feb 2028
Premium: £165,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Internal area: circa 1696.60 sq. ft
Covers: Circa 70 Ground Floor & 25 Basement
Benefits from gas & extraction
Premises licence in place
Rateable Value: 27,000

Payable Rates: Circa £13,473/annum

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £234,000 per Annum (£4,500/week).
Our client manages the restaurant with 3 full time & 4 part time Staff.

THE LOCATION

Shepherd's Bush
Borough of Hammersmith & Fulham

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

Lease Terms:

Lease: Ending February 2033 (Outside LTA 1954 Act)
Current Rent: £48,000 PAX
Rent review: Every 5 years
Next rent review: Feb 2028

Leasehold Rent:

£48,000 per annum

Location:

Shepherd's Bush
Borough of Hammersmith & Fulham

Premises Details:

Internal area: circa 1696.60 sq. ft
Covers: Circa 70 Ground Floor & 25 Basement
Benefits from gas & extraction
Premises licence in place
Rateable Value: 27,000
Payable Rates: Circa £13,473/annum

Size in square feet:
1696.60 sq. ft