Indian restaurant for sale in Hammersmith with 80 covers and a fully fitted kitchen
Hammersmith, London
- Status
FOR SALE
- Advert ID
653559
- Reference
RPS-23261 / Rightbiz
- Call Agent:
- Leasehold: £165,000 (Stock at valuation)
- Rent: £50,000 (£4,167 per month)
- Turnover: £416,000 (£8,000 per week)
- Profit: Not Applicable
Key Features
- Clean and hygienic environment
- Confidentiality agreements for buyers
- Confidential sale with NDA requirement
- Consistent foot traffic
Business Details
Indian Restaurant for sale on Shepherds Bush Rd, Hammersmith, Circa 2,700 sq. ft, Circa 80 covers
Indian Restaurant for sale on Shepherds Bush Rd, Hammersmith
Property ID: RPS-23261
PROPERTY & BUSINESS SNAPSHOT
Type
Well established Indian Restaurant
Location
Brook Green/Hammersmith area
Lease expiry
February 2046 (Inside the 1954 Act)
Rent
£50,000 p.a. exclusive
Rent review
Every 5 years with another due in 2031
Floor area
Approx. 2,700 sq. ft (ground floor & basement)
Covers
Circa 80 covers
Rateable value
37,250
Business rates payable
Circa £12,223 p.a. (after discount)
Permitted use
Restaurant (Class E)
Weekly Turnover
£7,000 to £9,000
Ancillary
Premises licence, cold room & owner's car park
Premium
£165,000 (New lease, goodwill and FF&E)
LANDLORD’S REQUIREMENTS
- Guarantor required (subject to references)
- Rent deposit required (subject to references)
- Other usual checks will be carried out
MAIN DETAILS
- Well established Indian restaurant in a prominent corner position on Shepherds Bush Road
- Ground floor is circa 1423 sq. ft with 80 covers, bar, WC and fully fitted commercial kitchen
- Basement comes with a generous ceiling height and currently used as office, staff room & storage
- Benefits from owner car park for 3-4 cars
THE BUSINESS & PREMISES
- Our client manages the business with 9 full-time staff members and we have been informed that the business generates gross revenue of £7,000 to £9,000 per week.
- The premises is spread over approximately 2,700 sq. ft., with a seating capacity for up to 80 guests and benefits from a well-maintained and fully fitted commercial kitchen.
THE LOCATION
- Prominent corner unit on Shepherds Bush road
- Hammersmith Broadway: 0.7 mile
- Goldhawk Road Station: 0.3 mile
- Shepherd's Bush Green: 0.3 mile
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
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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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.
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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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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.
Be safe, use a Rightbiz Solicitor
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