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Restaurant for sale

Uxbridge Road, London, W12 7LL

£120,000

Property Description

Commercial information

  • Use class orders: A3 Restaurants and Cafes

Full description

An excellent opportunity to acquire this very profitable A3 Restaurant. Brilliantly located in a heavily populated area with high footfall in Shepherd's Bush. Arranged over ground floor & basement of approx 1200 sq ft.
LOW RENT: £16,000 pa (1,333 pcm)
PREMIUM £120,000.

Excellent Location:
Uxbridge Road is a major road in west London passing through many retail and large residential districts. High footfall location offers a fantastic selection of shops and excellent transport links - Shepherd's Bush Market Tube Station is (0.4m) 5 min walk.

Description:
Highly turnover and profitable A3 Seafood Restaurant established over 15 years ago with with large databases of customer. The property benefits from premium location, modern decor, CCTV, low rent and business rates.

Lease:
25 years from 2015 (renewable).

Premium:
£120,000, including fixtures and fittings. The premium is based on refurbishment cost carried out by the existing tenants. Rent reviews will be based on the condition prior to refurbishment.

Rates:
The rateable value = £18,750; payable, approx £9,000 (before any reliefs or discounts). Interested parties must verify these figures with London Borough of Hammersmith and Fulham.

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

Viewing:
Strictly by appointment only (staff not aware).


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