Back to listings Save

Restaurant for Sale in Staines with 2 Upper Flats | Staines High Street | New Lease

Staines upon Thames, Surrey
Restaurant for Sale in Staines with 2 Upper Flats | Staines High Street | New Lease Photo 1
Enlarge
Restaurant for Sale in Staines with 2 Upper Flats | Staines High Street | New Lease
  • Leasehold: £60,000
  • Rent: £25,000
  • Turnover: On request
  • Net Profit: N/A

Business Details

Restaurant Business for Sale in Staines with Two (02) upper flats (optional)

MAIN FEATURES

  • 1242 Sq Ft Restaurant Unit
  • Grant of New 16 years FRI lease
  • Two (02) Separate Upper Flats
  • Option of with or without upper flat
  • High Street Location

LEASE DETAILS

  • Lease: Grant of new 16 years lease
  • Rent: 25,000 PAX (ground floor shop with 4 staff rooms at the rear)
  • Rent: 40,000 pax (shop & upper flat)
  • Rent Review Term: Every 4 years
  • Premium (without flat): £60,000 (Goodwill, Lease & FF&E)
  • Premium (with flat): £85,000 (Goodwill, Lease & FF&E)

TRADING DETAILS

  • Turnover: £3,000 (to be verified)
  • Partner with Deliveroo, JustEat & Uber Eats.
  • Own online ordering website

Description: We have been informed that current gross sales are in the region of £3,000 per week including dine-in, takeaway and delivery. Currently our client manages the restaurant with 4-5 staff in the kitchen and 3-4 FOH staff.

THE LOCATION

  • Staines, TW18
  • Busy High Street
  • Several Retail Shops & Eateries nearby
  • Elmsleigh Shopping Centre: 0.2 mile
  • Staines Train Station: 0.3 mile
  • Staines Premier Inn: 0.1 mile

Description: The subject business is situated on a busy High Street of Staines with multiple residential and commercial redevelopments in recent years. Within a walking distance of the Elmsleigh Shopping Centre and Premier Inn Hotel, we believe the property has a huge potential for both restaurant and takeaway business.

THE PREMISES

  • Covers: 50 
  • Air Condition
  • Total Area: Circa 1242 sq ft
  • Restaurant Use
  • Commercial Gas & Extraction
  • Premises Licence
  • Permitted Hours: 12pm till 11pm & Sunday 12pm till 10:30pm
  • Rateable Value: £13,500 (Payable £3,000 per year with relief)

 

Description: Fully fitted and well presented 50 cover restaurant is suitable to any kind of cuisine or takeaway. Recently refurbished wooden floor spread over the restaurant and WC with plaster board ceiling with fitted Air-Condition. Spacious kitchen with fully functional 10 burner cooker and extraction. It also benefits from fridge, freezer, hot plate warmer and clay oven tandoor.

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are 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.

Read more

Key Features

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

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.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

0 of 0

Contact seller

Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Restaurant for Sale in Staines with 2 Upper Flats | Staines High Street | New Lease - STAINES_HIGHST / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.