Restaurant for sale

Kilburn High Road, London, NW6

945 sq. ft. | £125,000

Property Description

Commercial information

  • Business for sale
  • 945 sq ft (87 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • 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

Full description

Tenure: Leasehold

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

RENTAL:
20,500 per annum

PREMIUM:
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

Nearest stations

  • Brondesbury (0.1 mi)
  • Kilburn (0.3 mi)
  • West Hampstead (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 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

  • Brondesbury (0.1 mi)
  • Kilburn (0.3 mi)
  • West Hampstead (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 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.

Disclaimer - Property reference Kilburnhighroaditalian. 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 London Properties, Middlesex. 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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