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.
A Non-Disclosure Agreement may be required due to the “Confidentiality” requested by the client.
DISCLAIMER
The above information is provided by the seller and is not to be relied upon as a statement of fact. Any intending purchaser must satisfy themselves as to the correctness of each statement.
