Restaurant for Sale in South Ealing
Ealing, London
- Status
UNDER OFFER
- Date Submitted:
27/04/22
- Advert ID
294421
- Reference
SOUTH_EALING_RESTAURANT / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Rent: £16,000
- Turnover: £3,000 £58 Per week
- Net Profit: Not Applicable
Business Details
Restaurant for Sale in South Ealing
Price: £70,000 | Rent: £16,000 PAX | Area: Circa 979 Sq. ft | Lease: 19 years remaining
MAIN FEATURES
- Sought after location in South Ealing
- Total area circa 979 sq. ft
- Spacious kitchen with ample storage
LEASE DETAILS
- Lease: 20 years from 12th Oct 2021
- Passing Rent: 16,000 PAX
- Rent Review Term: Every 5 years
- Next Rent Review: 2026
- Premium: £70,000 (Goodwill, Lease & FF&E)
TRADING DETAILS
- Turnover: £3,000 per week (to be verified)
- Partner with Deliveroo, JustEat & Uber Eats.
Description: Currently trading as an Indian restaurant, we have been informed that current gross sales are in the region of £3,000 including dine-in, takeaway and delivery. They operate between 5:30pm till 11pm, closed on Tuesdays. We believe there are opportunities to increase the sales by extending the opening hours.
THE LOCATION
- South Ealing
- Busy local parade
- Several Retail Shops & Eateries nearby
- Ealing Broadway: 1 mile
Description: Situated on a sought after location in South Ealing, this restaurant is perfectly located for a lunch and dinner trade. The immediate shops are home to some popular independent retailers and restaurants. There are multiple street parkings available.
THE PREMISES
- Covers: 35-40
- Air Condition
- Total Area: Circa 979 sq ft
- Restaurant Use
- Commercial Gas & Extraction
- Premises Licence
- Business Rates: Circa £4,303 (discounted rate)
Description: Fully fitted and well presented 35-40 cover restaurant is suitable to any kind of cuisine. 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.
Key Features
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.
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.
