London Properties Are Pleased To Offer To The Market A Large Well Established Asian Restaurant Located On High Road Such A Good Location And So Many Established Household Brands Already Trading, It Is No Surprise That The Retails Space On This High Street Is So Rare Many Established Retail Operators Recognized This And Currently Occupy The Street; These Include Halifax, Shoe Zone, 99p Stores, Mc Donald's And Super Drug The Nearest Station Is Wembley Central Impressive & Spacious Single Fronted Indian Restaurant With Ceramic Tiled Floor, Spot Light Ceiling With Concealed Wall Lighting, Cctv, Air Conditioning Unit, Tables And Chairs Providing Seating For 40 Persons, Counter Bar, Disabled/women Wc, Gents Wc, Fully Fitted Kitchen With Prep Area, And Fully Alarm System Internal Viewings Highly Recommended Through London Properties for Sale
Leasehold : £ 550,000
Turnover : £ 13,000 p.w.
The premises are prominently located on High Road with such a good location and so many established household brands already trading, it is no surprise that the retails space on this high street is so rare. Many established retail operators recognized this and currently occupy the street; these include Halifax, Shoe Zone, 99p Stores, Mc Donald’s and Super Drug. The nearest Station is Wembley Central.
DESCRIPTION: Impressive & spacious single fronted Indian Restaurant with ceramic tiled floor, spot light ceiling with concealed wall lighting, cctv, air conditioning unit, tables and chairs providing seating for 40 persons, counter bar, disabled/women wc, gents WC, fully fitted kitchen with prep area, and fully alarm system.
PREMIUM: £550,000 for the benefit of the lease, fixtures & fittings.
TERMS: Full & repairing lease with 10 years unexpired (As advised)
RENTAL: £26,000 per annum with 5 years reviews
BUSINESS RATES: We have been advised by the client that the current rates payable are £13,000 per year.
OPENING HOURS: Open 12pm to Midnight expect Friday 2pm till Midnight
SIZE: Approximately 900 sq ft
TURNOVER: Current turnover in the region of £676,000 per annum with scope to increase
STAFF: Owner managed with six staff.
UTILITIES: All main services are connected
LOCAL AUTHORITY: Brent
REFERENCE CHARGE: 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.
||Open 12pm to Midnight expect Friday 2pm till Midnight
||Owner managed with six staff.
||Full & repairing lease with 10 years unexpired (As advised)