Lebanese Takeaway for Sale in Kingston with 100% rate relief
Property ID: RPS-23083
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Gas, extraction & cold room in place
Option of new 10 years sublease
Area: Circa 322 sq. ft with 12 covers
Well established family business
5 Star food hygiene rating
Eligible for 100% rate relief
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Sublease: Ending June 2027 (Outside LTA 1954 Act)
Option of new 10 years sublease
Current Rent: £15,000 per annum exclusive
Premium: £99,000 (Business, Sublease & fixtures and fittings)
THE PREMISES
Takeaway shop with circa 322 sq. ft & 12 covers
Benefits from gas, extraction & cold room
5 Star food hygiene rating
Eligible for 100% rate relief
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £286,000 per annum (£5,500/week).
Our client manages the restaurant with 4 full time (2 owners).
THE LOCATION
Kingston
Parking available nearby
Few minutes from Kingston Station
Few minutes from Kingston University Engineering
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.
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.
