Guide price
£449,000
(£112.25/sq. ft)
Restaurant for saleWembley HA9
4,000 sq. ft
About this property
Lease Assignment & Business for Sale
Established Pub & Restaurant business for sale in Wembley
Often allocated during Wembley Event days generating excellent revenue
We have been informed the current turnover of between £20,000 to £22,000/week
Few minutes away from Wembley Stadium
Approx. 4,000 sq. Ft with fully fitted bar and restaurant with 100 covers
Large commercial kitchen in place with fitted cold room & walk-in freezer
Property id: Rps-23063
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details
Established Pub & Restaurant business for sale in Wembley
Often allocated during Wembley Event days generating excellent revenue
We have been informed the current turnover of between £20,000 to £22,000/week
Few minutes away from Wembley Stadium
Approx. 4,000 sq. Ft with fully fitted bar and restaurant with 100 covers
Large commercial kitchen in place with fitted cold room & walk-in freezer
landlord’s requirements
Guarantor required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details
Lease: Ending October 2032 (Inside the Act of 1954)
Current rent: £58,000+VAT per annum
Rent review term: Every 3 years
Premium: £449,000 (Business, Lease & fixtures and fittings)
The premises
Area: Approx. 4,000 sq.ft in one level
Covers: Circa 100 in bar & restaurant
Benefits from gas, extraction, three phase & cold room
Rateable Value: 70,000
Payable Rates: Circa £30,100/annum (please confirm with local council)
5 Star Hygiene rating
The business
Gross Revenue: We have been informed that the business generates gross revenue of circa £1,144,000 per annum (£22,000/week).
The location
Wembley, HA9
Few minutes from Wembley Stadium Station
The venue gets allocated during event days
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.
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