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Restaurant With New Lease In Shepherd’s Bush For Sale

Shepherds Bush, London, UK
Asking Price:
£95,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Restaurant for Sale in Shepherd’s Bush

Property ID: RPS-20530

MAIN FEATURES

Grant of New Lease
High Footfall and Great Visibility
Fully Fitted 54 Covers Restaurant
Circa 887 Sq. Ft
Gas and Extraction in Place
Premises Licence in Place

LANDLORD’S REQUIREMENTS

3-6 Month’s Rent deposit subject to references
Personal Guarantor subject to references
Proof of funds
Accountant’s references
Trade references

LEASE DETAILS

Lease: Grant of New 15-18 years Lease (Inside the Act of 1954)
Rent: £45,000 PAX
Rent Review: Every 3 Years
Premium: £95,000 (Business, Lease & FF&E) + SAV

THE PREMISES

Circa 54 Covers Restaurant
Circa 887 Sq. Ft
Payable Business Rates: Circa 14,845/annum (Rateable Value: 29,750)
Fully Equipped Commercial Kitchen
Current Opening Hours: Tuesday – Friday (5 to 10pm) Saturday (12-10pm) Sunday (12-5pm)
Gas and Extraction in Place
Premises Licence in Place

THE LOCATION

Shepherds Bush W12
0.2 miles to Shepherds Bush Market

TRADING & FINANCIALS

Our client currently manages the restaurant.
Trading since 33 years.

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Grant of New 15-18 years Lease (Inside the Act of 1954)
Rent: £45,000 PAX
Rent Review: Every 3 Years

Leasehold Rent:

£45,000 per annum