Guide price
£275,000
Restaurant for sale155 The Broadway, Southall UB1
Leasehold
About this property
Description
Ashford Finance & Property Services are delighted to offer this impressive 150-seater restaurant opportunity located on the famous and highly sought-after Southall Broadway.
The premises extend to approximately 4,500 sq. Ft. And are arranged over three floors, offering a versatile layout suitable for a variety of restaurant, hospitality, banquet and event concepts.
Property Features
- Prime Southall Broadway location
- Approx. 4,500 sq. Ft. Total floor area
- 150-seater restaurant
- Arranged over three floors
- Ground-floor restaurant and seating area
- Second-floor banquet hall and additional seating area
- Lower-ground-floor stylish seating area and commercial kitchen
- 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
Offered vacant, allowing a new operator to introduce their own concept
- Annual business rates previously approximately £9,800 when registered as a dessert shop
Business & Financial Information
- The restaurant has historically generated an approximate turnover of £18,000-£36,000 per week.
- The approximate net profit is understood to be £4,000 before utility costs.
- The premises are being sold as-is, with all existing fixtures, fittings and equipment included in the sale.
The three-floor layout provides an excellent opportunity for a new operator to create a substantial restaurant, private dining, banquet or events-led business. The second-floor banquet hall is particularly suited to private functions and celebrations, while the lower-ground floor provides additional stylish seating and a fully fitted commercial kitchen.
The property is being offered with a new 15-year lease, providing long-term security of tenure, with no rent review currently due under the new lease.
This is a rare opportunity to acquire a substantial restaurant premises in one of West London's most prominent and commercially active locations.
Early viewing is highly recommended to appreciate the size, layout and potential of this impressive restaurant opportunity.
Tenure: Leasehold (15 years)
Ashford Finance & Property Services are delighted to offer this impressive 150-seater restaurant opportunity located on the famous and highly sought-after Southall Broadway.
The premises extend to approximately 4,500 sq. Ft. And are arranged over three floors, offering a versatile layout suitable for a variety of restaurant, hospitality, banquet and event concepts.
Property Features
- Prime Southall Broadway location
- Approx. 4,500 sq. Ft. Total floor area
- 150-seater restaurant
- Arranged over three floors
- Ground-floor restaurant and seating area
- Second-floor banquet hall and additional seating area
- Lower-ground-floor stylish seating area and commercial kitchen
- 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
Offered vacant, allowing a new operator to introduce their own concept
- Annual business rates previously approximately £9,800 when registered as a dessert shop
Business & Financial Information
- The restaurant has historically generated an approximate turnover of £18,000-£36,000 per week.
- The approximate net profit is understood to be £4,000 before utility costs.
- The premises are being sold as-is, with all existing fixtures, fittings and equipment included in the sale.
The three-floor layout provides an excellent opportunity for a new operator to create a substantial restaurant, private dining, banquet or events-led business. The second-floor banquet hall is particularly suited to private functions and celebrations, while the lower-ground floor provides additional stylish seating and a fully fitted commercial kitchen.
The property is being offered with a new 15-year lease, providing long-term security of tenure, with no rent review currently due under the new lease.
This is a rare opportunity to acquire a substantial restaurant premises in one of West London's most prominent and commercially active locations.
Early viewing is highly recommended to appreciate the size, layout and potential of this impressive restaurant opportunity.
Tenure: Leasehold (15 years)
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Monthly repayment
£1,375 per month
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