FOR SALE
06/07/22
477
Broadway_Southall / Rightbiz
LOCATION: |
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The businesses are located on Famous the Broadway, in Southall Middlesex in highly densely populated residential area & commercial area & also close by are local schools, places of worship and within walking distance to local transport. |
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DESCRIPTION: |
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Indian Food, Takeaway and Excellent Curry dishes and Indian Sweets. Further benefits include Rear Access, Ample parking for customers, electric shop shutting system, upgraded cooking appliances, Customer/Staff Toilets & excellent kitchen facilities. Excellent weekly turnover, and extendable lease (with no charges) Comes with a side unit space which can be turned into a sensational restaurant, seating area. |
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BUSINESS: |
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Further benefits include fixtures and fittings, reputable customers and guaranteed profits. A selection of local independent retailers, cafes and restaurants are within close reach maximizing foot flow. |
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USES: |
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Class e & the old A3/A5 |
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PREMIUM: |
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£550,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill |
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RENTAL: |
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Number 44 is £51,000 per annum & Number 46 is £48,000 per annum |
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TERMS: |
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Number 44 has 4½ left of a renewable lease & Number 46 has 11 years left of a renewable lease |
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BUSINESS RATES: |
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Number 44 is £7,860 per annum & Number 46 is £18,000 per annum |
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OPENING HOURS: |
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Both units opening hours are 12 noon to 11:00 p.m |
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STAFF: |
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Number 44 owner managed with 6 staff & Number 46 owners managed with 2 staff |
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TURNOVER: |
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Total turnover of both shops is |
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LEGAL COST: |
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To be confirmed |
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LOCAL AUTHORITY: |
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Ealing |
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REFERENCE CHARGE: |
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London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord. |
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HOLDING DEPOSIT: |
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A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account |
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AGENT NOTE: |
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London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT |
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VIEWINGS: |
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Through London Properties by appointment only |
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.