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Restaurant In Kilburn High Road For Sale

Kilburn, London, UK
Asking Price:
£139,000
Turnover:
£312,000
Net Profit:
Not applicable

Restaurant for Sale in Kilburn High Road. Circa 1097 sq. ft.

Property ID: RPS-23009

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

Busy street of Kilburn High Road
Nearby occupiers include GDK, Fireaway Pizza & Pepe's Piri Piri
Area: Circa 1097 sq. ft
Covers: Circa 55-60
Benefits from gas, extraction & three phase supply

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

Lease: Ending January 2039 (Inside the Act of 1954)
Current Rent: £32,000 per annum exclusive
Rent review: Every 5 years
Next rent review: January 2029
Premium: £139,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Area: Circa 1097 sq. ft
Covers: Circa 55-60
Benefits from Gas, extraction & three phase
Rateable Value: 30,750

Payable Rates: Circa £11,344.25/annum (please confirm with local council)

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £312,000 per Annum (£6,000/week).
Our client manages the restaurant with 4 full time & 3 part time staff.

THE LOCATION

Busy street of Kilburn High Road
Kilburn
Few minutes from Brondesbury Station

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 its employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending January 2039 (Inside the Act of 1954)
Current Rent: £32,000 per annum exclusive
Rent review: Every 5 years
Next rent review: January 2029

Leasehold Rent:

£32,000 per annum

Location:

Busy street of Kilburn High Road
Kilburn, NW6
Few minutes from Brondesbury Station

Premises Details:

Area: Circa 1097 sq. ft
Covers: Circa 55-60
Benefits from Gas, extraction & three phase
Rateable Value: 30,750
Payable Rates: Circa £11,344.25/annum (please confirm with local council)

Size in square feet:
1097 sq. ft