£32,000 pa
(£34.78/sq. ft. pa)
Restaurant to letCartons Boulangerie, The Broadway, Stanmore, Greater London HA7
920 sq. ft
Just added
Leasehold
About this property
Retirement Sale
Fully Fitted Cafe Business
1 Bedroom Flat Included
Long lease
30 Years Established
Premium Required
Cartons has been a well-established presence in Stanmore for over 30 years, operating as a popular eatery and valued meeting place within the local community. With the current owners now retiring, the sale presents an excellent opportunity to acquire a fully operational, turnkey business benefiting from strong and immediate turnover.
Location
Stanmore is a prosperous suburban area in North West London, known for its affluent residential catchment and strong local spending power. The location benefits from excellent transport links, including Stanmore Underground Station (Jubilee Line), providing direct access to Central London. A vibrant high street offers a mix of independent retailers, cafés, and national brands, generating consistent footfall throughout the week.
Terms
The entire property is held on an Fri lease for a term of 15 years from 24/06/23 with rent reviews at 5 yearly intervals. The lease has tenant only break options in June 2029 and 2032.
The rent is £32,000 per annum. The flat is capable of generating an income of £17,400 per annum, meaning the net rent for the café could be £14,600 per annum.
Viewing
Chamberlain Commercial are contracted as sole agents and all viewings and negotiations must be arranged through our office. Interested parties who directly contact our clients will be excluded from taking this property.
To arrange a viewing please call Chamberlain Commercial on .
Business Rates
Rateable Value £35,750 from 1st April 2026. Rates payable £19,700 before applying any discount available for hospitality business relief (15% discount for 2027/27) Interested parties should verify this information.
Premium
The business is for sale for a premium of £190,000 (One Hundred and Ninety Thousand Pounds) for the goodwill, fixtures and fittings.
Legal Costs
Each party to bear their own legal fees. The incoming tenant is to pay 50% towards the superior Landlords legal fees for the lease assignment.
Location
Stanmore is a prosperous suburban area in North West London, known for its affluent residential catchment and strong local spending power. The location benefits from excellent transport links, including Stanmore Underground Station (Jubilee Line), providing direct access to Central London. A vibrant high street offers a mix of independent retailers, cafés, and national brands, generating consistent footfall throughout the week.
Terms
The entire property is held on an Fri lease for a term of 15 years from 24/06/23 with rent reviews at 5 yearly intervals. The lease has tenant only break options in June 2029 and 2032.
The rent is £32,000 per annum. The flat is capable of generating an income of £17,400 per annum, meaning the net rent for the café could be £14,600 per annum.
Viewing
Chamberlain Commercial are contracted as sole agents and all viewings and negotiations must be arranged through our office. Interested parties who directly contact our clients will be excluded from taking this property.
To arrange a viewing please call Chamberlain Commercial on .
Business Rates
Rateable Value £35,750 from 1st April 2026. Rates payable £19,700 before applying any discount available for hospitality business relief (15% discount for 2027/27) Interested parties should verify this information.
Premium
The business is for sale for a premium of £190,000 (One Hundred and Ninety Thousand Pounds) for the goodwill, fixtures and fittings.
Legal Costs
Each party to bear their own legal fees. The incoming tenant is to pay 50% towards the superior Landlords legal fees for the lease assignment.
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