£80,000
(£207.25/sq. ft)
Restaurant for saleLondon W4
386 sq. ft
EPC Rating: C
About this property
Lease Assignment & Business for Sale
Well-established Italian restaurant business available for sale
Situated in prime dining destination of Chiswick, W4
Ideal to continue as going concern business
Approximate floor area: 386 sq. Ft
Seating capacity: Circa 30 covers
Outdoor seating available
Fully equipped with gas supply, extraction system, premises licence
Benefits from three-phase electricity
Property id: Rps-23082
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details
Well-established Italian restaurant business available for sale
Situated in prime dining destination of Chiswick, W4
Ideal to continue as going concern business
Approximate floor area: 386 sq. Ft
Seating capacity: Circa 30 covers
Outdoor seating available
Fully equipped with gas supply, extraction system, premises licence, and three-phase power
landlord’s requirements
Guarantor required (subject to references)
9 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details
Lease: Ending September 2033
Current Rent: £41,250 per annum exclusive
Rent review: Every 5 years
Next rent review: September 2028
Premium: £80,000 (Business, Lease & fixtures and fittings)
The premises
Area: Circa 386 sq. Ft
Covers: Circa 30
Benefits from gas, extraction & premises licence in place
New Rateable Value: 15,250
Payable rates: Circa £5,825/annum (please confirm with local council)
Five Star Hygiene
The business
Reported gross revenue: Approximately £9,000 per week (£468,000 per annum)
Currently operated by the owner (chef) with a team of 3 full-time and 2 part-time staff
The location
Situated in prime dining destination of Chiswick, W4
Affluent and vibrant area with several eateries
Highly sought-after location in West London
Passing trade throughout the day
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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