Indian Restaurant for Sale in Shepherd's Bush with 95 Covers and Outdoor Seating

Description

MAIN DETAILSFully fitted & modern Indian restaurantCirca 95 covers spread over ground floor & basementPremises licence in placePrivate dining room & outdoor seating availableGreat visibilityLANDLORD’S REQUIREMENTSGuarantor required (subject to references)3–6 months’ rent deposit required (subject to references)Other usual checks will be carried outLEASE DETAILSLease: Ending February 2033 (Outside LTA 1954 Act)Current rent: £48,000 PAXRent review: Every 5 yearsNext rent review: Feb 2028Premium: £165,000 (Business, Lease & fixtures and fittings)THE PREMISESInternal area: circa 1,696.60 sq. ftCovers: Circa 70 ground floor & 25 basementBenefits from gas & extractionPremises licence in placeRateable value: 27,000Payable rates: Circa £13,473/annumTHE BUSINESSGross revenue: We have been informed that the business generates gross revenue of circa £234,000 per annum (£4,500/week).Our client manages the restaurant with 3 full-time & 4 part-time staff.THE LOCATIONShepherd’s BushBorough of Hammersmith & FulhamVIEWINGS & CONFIDENTIALITYAll interested buyers must have proof of funds to meet the premium and landlord’s requirements.All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.DISCLAIMERThe above information is provided by the seller and is issued without responsibility on the part of the firm therefore is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give any representation or warranty whatever in relation to this property.