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Indian And Nepalese Restaurant In Ealing For Sale

Ealing, London, UK
Asking Price:
£69,000
Turnover:
£286,000
Net Profit:
Not applicable

Indian & Nepalese Restaurant for Sale in Ealing

Price: £69,000 | Rent: £24,000 PAX  | Area: Circa 1023 Sq. ft | Lease: Ending March 2031

Main Features

Well presented Indian & Nepalese Restaurant
Sought after location in Ealing
Spacious kitchen with cold room

Lease Details

Lease: Ending March 2031 (we have been informed it is inside the Act)
Passing Rent: 24,000 PAX
Rent Review Term: Every 5 years
Next Rent Review: 2026
Premium: £69,000 (Goodwill, Lease & FF&E)

Trading Details

Turnover: £5,000 to £5,500 per week (to be verified)
Partner with Deliveroo, JustEat & Uber Eats.
Own online ordering website

Description: We have been informed that current gross sales are in the region of £5,000 to £5,500 per week including dine-in, takeaway and delivery. Currently our client manages the restaurant with 4-5 staff in the kitchen and 3-4 FOH staff. Due to staff shortage, restaurant is closed on Monday and opens only between 5pm till 10pm Tuesday to Sunday. We believe there are opportunities to increase the sales by extending the opening hours.

Location

Ealing
Busy local parade
Several Retail Shops & Eateries nearby
Ealing Broadway: 1.2 miles

Description: Situated on a sought after location in Ealing, this restaurant is perfectly located for a lunch and dinner trade. The immediate shops are home to some popular independent retailers and restaurants. There are multiple street parkings available.

Premises

Covers: 52
Air Condition
Total Area: Circa 1023 sq ft
Kitchen Area: Circa 256 sq ft
Restaurant Use
Walk-in Fridge & Freezer
Commercial Gas & Extraction
Premises Licence
Permitted Hours: 12pm till 11pm
Rateable Value: £16,500 (Payable circa £8,000 but currently discounted)

Description: Fully fitted and well presented 52 cover restaurant is suitable to any kind of cuisine. Immaculate gray tiled floor spread over the restaurant and WC with plaster board ceiling with fitted Air-Condition. Spacious kitchen with fully functional 10 burner cooker and extraction. It also benefits from a cold room, fridge, freezer, hot plate warmer and clay oven tandoor.

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

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