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Restaurant/cafe for sale

£160,000 (£84.88/sq. ft)

North End Road, London W14

Restaurant/cafe for sale 1,885 sq. ft*
Interested in this property? Call +44 20 8033 3603 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Modern Decor & Fully Fitted
  • High Passing Trade
  • Open-plan Kitchen
  • Ground Floor & Basement
  • Circa 1,885 Sq. Ft

Property description

Restaurant for Sale in West Kensington, London

Property id: Rps-19686

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.


Main features


Modern Decor & Fully Fitted
High Passing Trade
Open-plan Kitchen
Ground Floor & Basement
Circa 1,885 Sq. Ft


Lease details


Lease Ending Feb 2037 (Inside lta 1954)
Current Rent: £45,000 plus VAT
Rent Review Term: 5 years
Next Rent Review: Was due in Feb 2022
Premium: £160,000 (Goodwill, lease and fixtures & fittings)

landlord’s requirement

3-6 Month’s Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility


Premises


Total Area Circa 1,885 Sq. Ft
Ground Floor: Circa 852 Sq. Ft
Basement: Circa 1,033 Sq. Ft
Total covers circa 80 (Ground Floor, Basement & Rear)
Benefits from 3-phase Electricity
Benefits from Premises Licence
Permitted Hours: 10 am till 11 pm
All appliances and facilities are in top working condition
EPC Rating C
Payable Business Rates: Circa £10,104/annum (Rateable Value: £20,250)


The location


West Kensington, London
Very close to West Kensington Underground
Immediate units occupied by national and independent retailers


Trading


Gross Sales: Circa £416,000/annum | £8,000/week (as per the seller)
Staff: Tbc


Potential business


Introducing a café or breakfast service in the mornings could increase the revenue stream.


Viewings & confidentiality


All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are 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 is issued without responsibility on the part of the firm therefore is 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.

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)

Contact Restaurant Property Sellers about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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