Restaurant for sale

Norbreck Parade, London NW10 7HR

£90,000

Property Description

Full description

Well located A3 commercial premises . Situated in the heart of Hanger Lane which INCLUDES a 3 bedroom flat (access via shop). Would be perfect for someone who is looking to open a similar business. The property is approx 1500 sq ft. RENT: £15,000 pa. Premium £90,000.

Location:
Situated on the busy parade next to complex roundabout system at the junction of Western Avenue (A40), the North Circular (A406) and Hanger Lane in the borough of Ealing in West London. Seconds away from Hanger Lane Underground Station (Central Line). A number of new hotels encircle this parade of shops.

Description:
Approx 1500 sq ft, the property is currently trading as Indian restaurant established in 1989 serving high quality food to the local hotels, offices and local population.

Further benefits include 60 covers (can be 75+), air conditioning system, licensed bar area, ladies WC & separate staff WC, fully fitted kitchen, cold room, back yard with exterior storage area, rear access for deliveries and THREE BEDROOM FLAT above the restaurant, this can be separated if the shop front is altered.

Rent:
£15,000 per annum (1,250 per month)

Premium:
£90,000, including fixtures and fittings. The premium is based on refurbishment cost and business trade value. Rent reviews will be based on the condition prior to any works. The existing owners have operated the premises since 1989 and acquired it by paying a substantial premium.

Lease:
15 year lease, 10 years remaining with right to renew.

Services:
Full repairing and insuring lease

Rates:
£12,000 (before any reliefs or discounts); payable, approx £5,000. Interested parties must verify these figures with London Borough of Ealing.

Legal costs:
Each party to be responsible for their own legal costs incurred in the transaction.

Viewing:
Strictly by appointment only (staff unaware).

More information from this agent

Nearest stations

  • Hanger Lane (0.1 mi)
  • Park Royal (0.5 mi)
  • Alperton (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Citydeal Estates, London

115 Churchfield Road, London, W3 6AH

020 8896 0800 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hanger Lane (0.1 mi)
  • Park Royal (0.5 mi)
  • Alperton (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Citydeal Estates, London

115 Churchfield Road, London, W3 6AH

020 8896 0800 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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