The Broadway, 155 The Broadway, UB1
- PROPERTY TYPE
Restaurant
- BATHROOMS
3
- SIZE
3,961 sq ft
368 sq m
Key features
- Prime Southall Location
- 150-seater restaurant
- Arranged over three floors
- New 15-year lease from the landlord - No rent reviews due, as this is a new lease
- Annual rent: £90,000
- All fixtures, fittings and equipment included
- Ground-floor restaurant and seating area
- Second-floor banquet hall and additional seating area
- Lower-ground-floor stylish seating area and commercial kitchen
- Offered vacant, allowing a new operator to introduce their own concept
Description
Commercial Property - Restaurant available in Southall Broadway
We are pleased to offer this substantial restaurant premises located on the popular and busy Southall Broadway.
The property extends to approximately 4,500 sq. ft. and is arranged over three floors, with a total seating capacity of around 150 covers. The ground floor provides the main restaurant and seating area, the second floor includes a large banquet hall with further seating, and the lower ground floor offers additional seating together with a fully fitted commercial kitchen.
The premises are being offered vacant, giving a new operator the opportunity to set up and run the business under their own concept. All existing fixtures, fittings and equipment are included.
The restaurant has historically achieved a reported turnover of approximately £18,000–£36,000 per week, with an approximate net profit of £4,000 per week before utility costs.
A new 15-year lease is available directly from the landlord at an annual rent of £90,000. There are currently no rent reviews due under the new lease.
The business rates were previously approximately £9,800 per annum when the premises were registered as a dessert shop.
The size and layout of the premises make it suitable for a range of uses, including a restaurant, banquet facility, private dining venue or events business. The existing banquet hall and commercial kitchen provide a good starting point for an operator looking to establish their own hospitality business.
Located in a busy and well-established part of Southall Broadway, the premises offer a large amount of space across three floors and are available for immediate consideration.
Tenure: Leasehold – New 15-Year Lease
Annual Rent: £90,000
Viewing is highly recommended.
The Broadway, 155 The Broadway, UB1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southall Station0.4 miles
- Hayes & Harlington Station1.8 miles
- Hanwell Station1.9 miles
Notes
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