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Restaurant for Sale in South Ealing

Ealing, London
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Restaurant for Sale in South Ealing
  • Status

    UNDER OFFER

  • Date Submitted:

    27/04/22

  • Advert ID

    294421

  • Reference

    SOUTH_EALING_RESTAURANT / Rightbiz

  • Call Agent:

    Registered Buyers only »

  • 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.

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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.

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THIS BUSINESS IS NOW UNDER OFFER

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.

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Disclaimer

The data showed regarding this advert 'Restaurant for Sale in South Ealing - SOUTH_EALING_RESTAURANT / 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.