North End Road, London, SW6

Fully Fitted Japanese Restaurant For Sale in Fulham. Sought after location.

Property ID: RPS-22609

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

Excellent location with high passing trade
Modern, premium & neutral décor
Ideal for any kind of restaurant or cafe or takeaway
Area: circa 2106.49 sq. ft (ground floor and basement)
Benefits from gas & extraction
Premises licence in place

LANDLORD'S REQUIREMENTS

Guarantor may be required (subject to references)
3- 6 month's rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending October 2039 (Inside LTA 1954 Act)
Tenant's option to break in 2029
Rent: £49,500 PAX
Rent review: Every 5 years
Next rent review: October 2029
Premium: £150,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Ground floor: circa 1191.56sq. ft
Basement: circa 914.93sq. ft
Benefits from three phase supply and gas
Extraction in place
Option to have open plan kitchen
Covers: circa 35 on the ground floor
Basement currently used as storage and office (high ceiling)
Premises licence in place
Rateable Value: 48,750
Payable Rates: Circa £14,959/annum (with discount)


THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £234,000 per annum (£4,500/week) by only trading 5 days a week. 

THE LOCATION

Fulham, SW6
Excellent location with high passing trade
Multiple retail shops & eateries nearby

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord's requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.