Fully Fitted Restaurant
With 3 bed self-contained flat
Lease for sale
Field End Road,Eastcote HA5 1QH
Location
Situated in an excellent position on Field End Road close to many national and independent retailers such as Superdrug, Aldi, Santander, Hallmark,Tesco Express ,Holland & Barrett, costa and Wenzels.Field End Road runs from the B466 and Mandeville Road.Eastcote is situated between Northolt, Pinner and Ruislip . The Property is within walking distance of Eastcote Underground Station (Metropolitan and Piccadilly Lines).Eastcote is a good quality affluent area.
Description
Comprising fully fitted air conditioned restaurant with 40 covers which has been fitted to a very high standard. The premises includes a self-contained 3 bed flat above which is let on a tenancy which greatly subsidises the overall rent. Making this a low cost overhead. The premises have a fully fitted kitchen plus prep and wash area,a rear store and walk-in storeroom with cold room.The business has an excellent turnover and can easily be adapted to any cuisine as the interior fit-out is neutral.The premises has a fully fitted bar area. One parking space to the rear. All equipment is included in the sale. They have accounts with Deliveroo and Uber Eats which could be further expanded.
An early viewing would be recommended.
Areas
Main restaurant area and bar 440 sq ft (40.97 sqm)
Kitchen & WC’s 152 sq ft (14.12 sq m)
Plus rear yard,rear store and walk-in cold room
Total area 742 sq ft (69 sq m)
3 bedroom self-contained flat arranged over 1st & 2nd floors with separate kitchen, bathroom and lounge.
Lease
Held on full repairing and insuring lease for a term of 15 years expiring 2040 at £31000 pa including a 3 bedroom flat.
The flat is sub-let on an AST producing £2100 pcm (25200 pa).
Terms
£200000 sought for the goodwill,Fixtures,Fittings and Equipment.
Business Rates
Hillingdon Borough Council - Rateable value - £15000 Rates payable are approximately £7500 pa. Interested parties should make their own enquires via the Local Authority or Valuation Office www.voa.gov.uk.
EPC - Band C
Holding Deposit
Tenants or purchasers wishing to secure this property will be required to pay a holding deposit of £5000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proved.
