Restaurant for saleKilburn High Road, London, NW6
945 sq. ft. | £124,999
- Business for sale
- 945 sq ft (87 sq m)
- Use class orders: A3 Restaurants and Cafes
- Premium £125,000
- A3 with alcohol license to midnight
- Rental £20,500 per annum
- Terms 20 years from June 2016, with rent reviews every 3rd year, on full repairing and insuring terms
- Approximately 945 including basement & forecourt
- Opening Hours Monday - Sunday 12 p.m - Late
- Owner managed with 3 staff and 1 deliver driver
LOCATION: The premises are prominently located on popular busy Kilburn High Road in Kilburn in London with plenty of footfall and also nearby are High Street retailers & local retailer's traffic & situated to the corner of Buckley Road & adjoin The Tricycle Theatre. The nearest station is Brondesbury
DESCRIPTION: On offer is a high quality Italian restaurant in an affluent area of North West London. The high quality fresh food prepared on site has proved extremely popular among the customers throughout west London. For this reason the restaurant enjoys a lot of customers and good profit margins. Financially, the company is very successful with a high turnover and low rent and rates for the London area. The restaurant seats 57 people and is served by an outstanding professional staff. The business was established in 2000.
USES: A3 with alcohol license to midnight
£20,500 per annum
£125,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
TERMS: 20 years from June 2016, with rent reviews every 3rd year, on full repairing and insuring terms
BUSINESS RATES: 8,349.00 per annum. payable for year ending 31/3/2017. Interested parties are encouraged to make their own enquiries with the Brent Council
SIZE: Approximately 945 including basement & forecourt
OPENINH HOURS: Monday - Sunday 12 p.m - Late
STAFF: Owner managed with 3 staff and 1 deliver driver
BASEMENT: Storage with walk in fridge.
TURNOVER: Current turnover is in excess of £182,000 per annum approximately
LEGAL COSTS: To be confirmed
LOCAL AUTHORITY: Brent
REFERENCES: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only
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