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Fully-Fitted Greek Restaurant In Ealing For Sale

Ealing,London,UK, ID 138335

Asking price:
GBP £350 000
Turnover (per year): £1 040 000 gbp
Owner
Owner's representative
122 business for sale

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Description

Confidential Sale – Established Greek Restaurant in Prime West London Location

Proof of Funds

Due to the confidential nature of this disposal and the landlord’s requirements, all prospective purchasers must be able to provide proof of funds prior to arranging a viewing.

Overview

This is an opportunity to acquire a well-established Greek restaurant operating from a sought-after location in West London. The business trades from a sizeable, well-configured premises and has developed a strong reputation, delivering consistently high turnover in a competitive dining market.

The restaurant is fully operational and fitted to a professional standard, making it suitable for experienced operators or investors seeking a proven hospitality business with immediate income.

Key Property Highlights

  • Total internal area: approximately 1,575.62 sq. ft
  • Seating capacity: approximately 65 covers
  • Arranged over ground floor and basement
  • Fully fitted commercial kitchen
  • Gas supply and extraction system installed
  • Three-phase electricity in place
  • Premises licence in place

Premises Details

The premises extend to approximately 1,575.62 sq. ft and are arranged to support efficient service and high-volume kitchen operations. The commercial kitchen is fully fitted and benefits from gas, extraction, and three-phase power, enabling a broad menu range and strong throughput.

Lease and Commercial Terms

  • Sub-lease: new sub-lease to be granted (subject to references)
  • Rent: ?45,000 per annum
  • Rent reviews: every five years
  • Premium: ?350,000 (business, lease interest, and fixtures and fittings)

Landlord Requirements

Subject to references and financial standing, the landlord may require:

  • A personal guarantor
  • A rent deposit equivalent to three to six months’ rent
  • Standard financial and background checks

Business Rates

  • Rateable value: ?27,750
  • Estimated annual rates payable: approximately ?13,847.25

Interested parties should confirm the rates position directly with the local authority.

Trading Performance

According to information provided by the seller, the business generated gross revenue of approximately ?1.04 million per annum, equivalent to around ?20,000 per week. The operation is currently supported by five full-time and three part-time staff members.

Location

The restaurant is located in a desirable part of West London, surrounded by a mix of retailers and food operators. The area benefits from steady footfall and strong evening trade.

Reason for Sale

The sale is due to the owner’s involvement in other business ventures.

Viewings and Confidentiality

All interested parties must provide proof of funds sufficient to meet the premium and the landlord’s requirements. A Non-Disclosure Agreement must be agreed prior to receiving further information or arranging a viewing.

Enquiries and viewings are strictly through Restaurant Property Sellers only. Use of the website is subject to the company’s Terms and Conditions.

Disclaimer

The information provided has been supplied by the seller and is believed to be accurate; however, it is provided without warranty. Prospective purchasers must rely on their own inspections and professional advice to verify all details. Neither the agent nor its employees are authorised to make or give any representation or warranty in relation to this property.

Details

Real Estate: Lease
Asking price: 350 000 gbp
Turnover (per year): 1 040 000 gbp

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