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Restaurant to rent

Norbreck Parade, London NW10 7HR

£15,000 pa| £1,250 pcm

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. 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.

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).

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