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Fully Fitted Restaurant For Sale In Hammersmith

Hammersmith, London, UK
Asking Price:
£225,000
Turnover:
£55,000
Net Profit:
Under £50K

Fully Fitted Restaurant for sale in Hammersmith

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

MAIN FEATURES

Excellent Location with High Passing Trade
Ground Floor: 486.53 Sq. Ft | Basement: 346.59 Sq. Ft
Circa 50 covers Restaurant
Extraction in Place
Fully Fitted Commercial Kitchen
Benefits from Premises Licence
Ideal for fast food takeaway business

LANDLORD’S REQUIREMENTS

3-6 Months Rent Deposit (Subject to References)
Accountant’s references
Trade references

LEASE DETAILS

Lease: Ending May 2039 (Inside the Act of 1954)
Rent: £31,000 per annum
Rent Review: Every 5 Years
Next Rent Review: May 2029
Premium: £225,000 (Business, Lease & FF&E)

THE PREMISES

Circa 833.12 Sq. Ft
Ground Floor: 486.53 Sq. Ft | Basement: 346.59 Sq. Ft
Circa 50 covers Restaurant
Payable Business Rates: Circa £9,231/annum (Rateable Value: £19,461)
Extraction in Place
Premises Licence in Place (Permitted Hours: 1oam till 11pm & Sun: 10:30pm)

THE BUSINESS

Gross Revenue: We have been informed that the business is currently generating a gross weekly sale of £10,000.

THE LOCATION

Hammersmith, W6
High Street Location
Nearby occupiers include Premier Inn, Honest Burger, Chaiiwala and other national retailers

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: Ending May 2039 (Inside the Act of 1954)
Rent: £31,000 per annum
Rent Review: Every 5 Years
Next Rent Review: May 2029

Leasehold Rent:

£31,000 per annum