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Prime Restaurant for Sale in Ealing, London with High Sales Potential

Ealing, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    22/01/24

  • Advert ID

    605407

  • Reference

    RESTW5 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £275,000 (Stock at valuation)
  • Rent: £16,980
  • Turnover: £1,144,000 (£22,000 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • High Turnover
  • New Lease
  • Close to Local Amenities
  • With Car Park
  • Prime Location
  • Accounts Available

Business Details

THIS RESTAURANT IS FOR SALE IN PRIME LOCATION OF EALING, GOOD POTENTIAL, HIGH SALES POTENTIAL.

Description:

Introducing a fantastic opportunity to acquire a thriving takeaway located in the heart of South Ealing. This well-established business presents an excellent investment for individuals looking to enter the food industry or expand their culinary ventures.

Positioned in a prime location, this takeaway benefits from a bustling and vibrant neighbourhood, ensuring a steady flow of customers throughout the year. South Ealing's diverse and multicultural community, coupled with its busy footfall, contributes to the success of this business. The area attracts a mix of local residents, office workers, and passing trade, providing a reliable customer base.

With a current turnover ranging from £8,000 to £10,000, this takeaway already demonstrates a solid revenue stream. However, what makes this opportunity even more enticing is the winter season, during which the turnover increases to an impressive range of £17,000 to £20,000. This growth can be attributed to various factors, such as increased demand for warm and comforting meals during colder months.

Location:

South Ealing is a vibrant neighborhood located in the borough of Ealing, London, UK. It offers a unique blend of residential tranquility and commercial activity, making it an attractive place to live, work, and visit.

When it comes to footfall, South Ealing benefits from a steady stream of people throughout the day. The area boasts a bustling high street and various commercial establishments, drawing in residents and visitors alike. The local shops, cafes, and restaurants contribute to the lively atmosphere, creating a hub of activity and social interaction.

Transport links in South Ealing are well-developed, providing convenient connectivity to various destinations. South Ealing Underground Station, served by the Piccadilly Line, is a key transportation hub in the area. This allows for easy access to central London, Heathrow Airport, and other major destinations along the line. The station's accessibility makes South Ealing a popular choice for commuters and residents who work in the city or need to travel frequently.

Rent:

The rental on this property is £16,980 Pa.

Business Rates:

All clients are advised to do their own enquiries in regards to business rates, from our understanding the business rates are NIL.

Timing:

The current opening hours for this business are 12pm to 10pm from Monday to Sunday.

Turnover:

This property has a current turnover of £11,000-£12,000 Pw. 

The winter turnover averages from £18,000 to £22,000.

Premium:

This business is available for sale for £275,000.

Tenure:

New Lease will be provided of 15 years renewable.

VAT:

This property does not have VAT applicable on it.

Enquiries & Viewings:

If you would like to enquire or book an appointment please contact us:

Simarjeet Singh | 07919203881 | 0208 004 1111 | [email protected]

Read more

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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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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The data showed regarding this advert 'THIS RESTAURANT IS FOR SALE IN PRIME LOCATION OF EALING, GOOD POTENTIAL, HIGH SALES POTENTIAL. - RESTW5 / 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.