Fully-Fitted Indian Restaurant In Feltham For Sale

Description

Fully fitted Indian restaurant for sale in Feltham.

Proof of funds required: all interested buyers must be able to provide proof of funds prior to requesting a viewing.

Main details:

• Eligible for 100% business rates relief
• Approximately 615.69 sq. ft with 38 covers
• Gas and extraction installed
• Street parking available

Landlord’s requirements:

• A guarantor may be required, subject to references
• Three months’ rent deposit required, subject to references
• Other standard checks will be undertaken

Lease details:

• Lease expiry: February 2032 (inside the Landlord and Tenant Act 1954)
• Rent: £13,500 per annum exclusive
• Rent review: every three years
• Next rent review: March 2026
• Premium: £59,000 (business, lease, fixtures and fittings)

The premises:

• Total area: approximately 615.69 sq. ft
• Covers: circa 38
• Gas and extraction in place
• Rateable value: £6,700
• Eligible for 100% rates relief

The business:

Gross revenue: it is advised that the business generates gross revenue of approximately £130,000 per annum, equating to £2,500 per week. The restaurant is currently managed by the owner with the support of four full-time and two part-time members of staff.

The location:

Feltham, TW13, with street parking available.

Viewings and confidentiality:

All interested parties must provide proof of funds sufficient to meet both the premium and the landlord’s requirements. A non-disclosure agreement is required due to client confidentiality. Viewings are strictly arranged through Restaurant Property Sellers only. Use of the website constitutes acceptance of the stated terms and conditions.

Disclaimer:

The above information has been provided by the seller and is issued without responsibility on the part of the firm and should not be relied upon as statements of fact. Any prospective purchaser must satisfy themselves as to the accuracy of all information. Neither the firm nor any of its employees has authority to make or give any representation or warranty in relation to this property.