Fully Fitted Restaurant for Sale in Stanmore High Street
Property ID: RPS-22086
MAIN DETAILS
Lease and fixtures & fittings for sale
Prominent location in Stanmore with passing trade throughout the day
Circa 2368 sq. ft with fully fitted restaurant & kitchen
Large car park nearby
LANDLORD'S REQUIREMENTS
Personal guarantor may be required (subject to references)
Rent deposit (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending November 2035 (Inside the Act of 1954)
Rent: 60,000 per annum exclusive
Rent Review Term: Every 4 years
Premium: £125,000 (Lease and FF&E)
THE PREMISES
Circa 2368 sq. ft spread over one level accommodating around 90 covers
Premises Licence in place but not used hence it has a great potential to increase revenue by introducing alcohol
Rateable Value: 39,000
Payable rates: Circa £14,000 per annum (discount applied)
THE LOCATION
Stanmore High Street, HA7
Passing trade with several retail shops & eateries nearby
Large car park
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.
