Freehold Restaurant with Large Flat for Sale in Ealing, London
Ealing, London
- Status
FOR SALE
- Date Submitted:
11/07/23
- Advert ID
516427
- Reference
PITSHANGER_LANE_RESTAURANT / Rightbiz
- Call Agent:
- Freehold: £926,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: On request
Key Features
- High Turnover
- Prime Location
- Attractive Business
- Established Business
Business Details
Freehold Restaurant for Sale in Pitshanger Lane
Ground Floor Restaurant Circa 1,181 Sq. Ft | First Floor: Large 1-bed Flat | Shop Front: Circa 16.10 ft
The property is situated in a busy parade of Pitshanger Lane, Ealing just a mile away from Ealing Broadway. The ground floor accommodates a fully functional restaurant with 54 covers, bar, extended kitchen and storage. The upper part consists of a large 1-Bed flat with high loft and is currently used for staff accommodation. There is no separate access for the flat but can be built from the front or the rear of the property, subject to planning.
MAIN FEATURES
- Situated in London’s Best High Street Winner 2016
- Freehold Restaurant Upper Part
- Business Included in Sale Price
- Ground Floor Restaurant Circa 1,181 Sq. ft
- First Floor: Large 1-bed Flat currently used as staff accommodation
- No Separate Entrance for the First Floor but can be built from front & rear (STPP)
- Shop Front: Circa 16.10 ft
- Will be Sold as Vacant Possession
- Freehold Asking Price with business or vacant: £926,000
GROUND FLOOR & TRADING
- Currently trading as Restaurant (Class E)
- Circa 54 covers restaurant
- Circa 1,181 sq ft
- Extended commercial kitchen & storage
- Premises license in place
- We have been informed the restaurant business generates gross revenue of circa £7,000/week (£364,000/year)
FIRST FLOOR
- Large 1-Bed Flat with high loft (Large Living Room, bedroom & Bathroom)
- NO Separate Entrance
- Benefits from Central Heating
- NO Kitchen, but space to build
Currently the first floor flat is used as staff accommodation and does not have separate access. It consists of one large living room, 1-bedroom, bathroom and storage. Subject to planning approval, a separate entrance can be created from the front or rear of the property along with addition of a new room on the loft.
THE LOCATION
- Pitshanger Lane, Ealing W5
- Ealing Broadway: 1 mile
- Ample street and side road parking available
Pitshanger Lane is one of the busiest road in Ealing and is only a mile away from Ealing Broadway. It is home to over 50 independent retailers and is the proud Winner of the Best High Street in London 2016 .
VIEWINGS & CONFIDENTIALITY
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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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Listing Statistics
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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.'.
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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.
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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.
Be safe, use a Rightbiz Solicitor
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