FOR SALE
651346
We are pleased to offer a fully outfitted restaurant with a self-contained three-bedroom flat for sale, situated on Field End Road in Eastcote, HA5 1QH. This exceptional property features a fully air-conditioned restaurant that accommodates 40 guests and has been fitted to an incredibly high standard, ensuring a welcoming atmosphere for diners. The self-contained flat above currently serves as a rental unit, significantly subsidising the overall rent and contributing to lower operational costs.
Inside the restaurant, you will find a fully fitted kitchen complete with prep and wash areas, a rear storage space, and a walk-in cold room, enabling efficient food preparation and management. The establishment also boasts a fully equipped bar area, securing its place as a delightful venue for customers. Moreover, the restaurant has established accounts with delivery services such as Deliveroo and Uber Eats, presenting clear opportunities for growth and expansion. With all equipment included in the sale and one designated parking space at the rear, this establishment offers a comprehensive package for prospective buyers.
Prime Location
This restaurant benefits from a prime location on Field End Road, surrounded by a variety of national and independent retailers including Superdrug, Aldi, Hallmark, Tesco Express, Holland & Barrett, Costa, and Wenzels. Eastcote itself is an affluent area positioned conveniently between Northolt, Pinner, and Ruislip. With Eastcote Underground Station just a short walk away, providing access to the Metropolitan and Piccadilly lines, foot traffic to the restaurant is consistently strong.
Property Details
The restaurant features a total area of approximately 440 sq ft (40.97 sqm) for the dining area and bar, with a kitchen of 152 sq ft (14.12 sq m). The self-contained flat, occupying the first and second floors, includes a separate kitchen, bathroom, and lounge, providing comfortable living accommodations for tenants. The lease is held on a full repairing and insuring basis, valid for 15 years, with an expiration date in 2040 at an annual rent of £31,000, inclusive of the three-bedroom flat rental income.
Business Potential
Offered at an asking price of £200,000, this opportunity includes goodwill, fixtures, fittings, and all necessary equipment, making it an attractive proposition for any aspiring restaurateur. The property carries a rateable value of £15,000, translating to approximately £7,500 in payable rates annually, and interested parties are encouraged to confirm details directly with the local authority or the Valuation Office.
Additional Information
An Energy Performance Certificate (EPC) is available and holds a Band C rating. Additionally, a holding deposit of £5,000 will be required from interested tenants or purchasers, fully refundable unless circumstances necessitate withdrawal on the vendor's part or definitive title issues arise.
With modern amenities, a diverse menu catering to a wide range of tastes, robust delivery infrastructure, and a well-recognised brand within the local community, this restaurant presents a unique opportunity for those looking to step into a thriving business operated within a desirable location. We invite serious inquiries and recommend securing an early viewing through our sole agents.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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