Restaurant to let

Kilburn High Road, London NW6

Premium required £775,000

Restaurant with Shisha Garden, Alcohol Licence & Residential Units Kilburn High Road
(Effective Rent: Only £ 16,500 per annum after rental income)

Cube Commercials are delighted to present this spacious and versatile restaurant opportunity located in the heart of Kilburn High Road, a thriving and highly sought-after commercial location.

Premises Details:

Prominent double-fronted shopfront with excellent visibility

Indoor seating capacity for 70 people

Separate kitchen entrance with an additional 20-seat dining area

Attractive shisha garden accommodating up to 70 people

Huge basement, currently used as storage area

Two customer WCs

Alcohol licence in place

Residential Accommodation (Upper Floors):

2 Studio flats

2 Single rooms

1 double room

Currently generating £63,000 per annum rental income

This rental income significantly offsets the annual rent, bringing the effective rent down to just £ 16,500 per annum. In addition, there is an option to add an additional floor to create further rental units (subject to planning).

Lease & Financials:

Held on 2 separate leases

Lease: 20 years strong lease terms with
security of tenure under the 1954 Act
( renewable)

Rent: £ 79,500 per annum

Business Rates: £12,000 per annum

Rent Review every 5 years for both leases

Weekly Taking £ 8-10k

Key Benefits:

Established location with heavy footfall

Multiple revenue streams, restaurant, shisha, alcohol sales and residential lettings.

Excellent opportunity for experienced operators or investors

Location: Situated on Kilburn High Road, benefitting from excellent transport links, strong local demographics, and a high volume of daily passing trade.

Premium required £775,000

Viewings upon request.