Lebanese Takeaway for Sale in Kingston with 100% rate relief
Property ID: RPS-23083
PROPERTY & BUSINESS SNAPSHOT
Type: Established Lebanese Takeaway Shop
Location: Kingston, KT2
Lease expiry: New 10 years sublease
Current Rent: £15,000 p.a. exclusive
Rent review: TBC
Floor area: Approx. 322 sq. ft
Covers: Circa 12 covers
Rateable value: 10,000
Business rates payable: Eligible for 100% rate relief
Permitted use: Takeaway
Turnover: Circa £5,000 (£260,000/annum)
Ancillary: Benefits from gas, extraction & cold room
Premium: £89,000 (Business, sublease and FF&E)
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
MAIN DETAILS
Established Lebanese takeaway in Kingston (KT2) turning over c.£260,000 a year (£5,000/week), with a 5-star hygiene rating and 100% rate relief.
Fully fitted with gas, extraction and cold room, a low current rent of £15,000 p.a. and a new 10-year sublease available, for a premium of £89,000.
THE LOCATION
Located on Richmond Road (KT2), a main route just north of Kingston town centre, serving a strong mix of local residents, students and passing trade.
Just a few minutes’ walk from Kingston Station and the town centre, with parking available nearby.
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.
