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Restaurant for sale

The Centre, High Street, Feltham, TW13

£140,000

Property Description

Key features

  • A3 / A5 Restaurant in Feltham
  • Lease Assignment
  • Consists Of Up To 70 Covers
  • Well Equipped Large Kitchen
  • Prime High Street Location
  • Available Now

Full description

Tenure: Leasehold

Location -
The property is situated on a prime location, in the heart of Feltham High Street. Feltham Mainline station is within five minutes' walk and gives quick access into London Waterloo via South West Trains.

Description -
A well maintained Chinese Restaurant available for sale, also suitable for a variety of uses within the A3 / A5 class order. The property offers good size ground floor area, a mezzanine and a well-equipped large kitchen on the first floor. The restaurant consists of 60 -70 covers, depending on the layout. Trading hours are between 12pm - 11:30pm Monday to Sunday.

Accommodation -
Ground floor unit with front and back access, ideal for deliveries.
Ground Floor: 57 Sq Mt / 614 Sq Ft
Mezzanine: 37 Sq Mt / 398 Sq Ft
1st Floor: 57 Sq Mt / 614 Sq Ft
Total: 151 Sq Mt / 1,626 Sq Ft

Measurements -
All measurements used in calculating areas are correct to the nearest six inches.

Planning -
Interested parties are advised to make their own enquiries in respect of planning proposals if any change of use is envisaged.

Vat -
Vat is applicable on top of the rental amount.

Terms -
The property is available by a way of an assignment of a Full Repairing and Insuring Lease. There is 8 years remaining on the current lease, until 2024 at a rental of £35,375 per annum exclusive of VAT. Rent reviews are held five yearly with next one due in 2019. Current tenants are asking for £140,000 premium for goodwill, fittings and fixtures.

Rates -
Interested parties are advised to make their own enquiries in respect of business rates with London Borough of Hounslow Council.

Legal Costs -
Each party to bear their own costs incurred in this transaction as well as the ingoing tenant to pay landlord's legal costs.

Reservation fee -
A reservation fee of £500 will be required when making an offer to ensure commitment which will later become Thorgills' administration fee upon completion.

Viewing arrangements -
Strictly by appointment with the agent.


Map & Street View

Disclaimer - Property reference THORG_007936. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thorgills, Brentford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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