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Indian Restaurant In Hayes. Circa 70 Covers For Sale

Hayes, London, UK
Asking Price:
£80,000
Turnover:
£182,000
Net Profit:
Not applicable

Indian Restaurant for Sale in Hayes. Circa 70 Covers.

Property ID: RPS-22398

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

MAIN FEATURES

Busy parade in Hayes with several other cafes & retail units
Ideal location for Indian restaurant with minimum competition
Total area circa 1,405.01 sq. ft
Circa 60-70 covers bar & restaurant
Fully fitted commercial kitchen
Premises licence in place
Street Parking Available

LANDLORD’S REQUIREMENTS

Guarantor may be required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending May 2036 (Inside LTA 1954 Act)
Passing Rent: £26,000 per annum exclusive
Rent Review: Every 4 years
Next Rent Review: May 2028
Premium: £80,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Total Area circa 1,405.01 sq. ft
Covers: circa 60-70
Fully fitted commercial kitchen
Benefits from gas & extraction
Premises licence in place
Rateable Value: 22,500
Payable Rates: Circa £8,600/annum

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of £3,000 to £4,000 per week
Our client manages the restaurant with 3 part time Staff.

THE LOCATION

Hayes, UB4

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 May 2036 (Inside LTA 1954 Act)
Passing Rent: £26,000 per annum exclusive
Rent Review: Every 4 years
Next Rent Review: May 2028

Leasehold Rent:

£26,000 per annum

Location:

Hayes, UB4

Premises Details:

Total Area circa 1,405.01 sq. ft
Covers: circa 60-70
Fully fitted commercial kitchen
Benefits from gas & extraction
Premises licence in place
Rateable Value: 22,500
Payable Rates: Circa £8,600/annum

Size in square feet:
1,405.01 sq. ft