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Indian-Sri Lankan takeaway and restaurant for sale in Wembley with long lease and rental flat

Wembley, London
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Indian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs lease Photo 1
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Indian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs leaseIndian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs leaseIndian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs lease
  • Leasehold: £150,000
  • Rent: £34,000 (£2,833 per month)
  • Turnover: £180,000 (£3,462 per week)
  • Profit: On request

Key Features

  • Full furnishings included
  • High weekly trade potential
  • Prime central location
  • Residential flat included

Business Details

Indian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs lease

Property located in High Road Wembley HA0, London 

A well established fully licensed  Takeway and Restaurant .

Premium: £150,000 to take over 20 years lease, 

Basement 

first floor one bed flat ( GENERATES £1500@M RENT )
Includes all fittings, furniture and appliances .

Staffing training, retaining and handover transition available .

License type :A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways

Excellent Location

High Standard Premises - 28 covers

Spacious Eye Catching Frontage

Modern interior - Size 1744 sq ft

Parade of Shops and Residential above it

Property Hub is delighted to offer a Prime location Commercial Premises; the property is located on highly busy and benefited with different Businesses around with Residential Premises above the parade of shops. This property is surrounded by busy shop of parade for day to day shopping, estate agents, restaurant, off-licenses, dental clinics and many residential units behind the shop.

Heads of Terms :

Premises: Wembley High Road, HA0

Rent: £2833@pcm ( Rental income of £18,000 from flat is generated already )

Rent Review: Every 5 yrs

Advance Rent: 3 Month

Lease : 25 years from May 2022.

Deposit: 3 Months

Rent Free Period: N/A

EPC -D, Local council- Brent

Legal Cost: Incoming tenant will pay each side of legal cost and split freeholder's side

Property will be given as sold as seen .

Disclaimer:
Property Hub does make sure the details are given in the property particular and the advertisement are as accurate as possible, however, we urge the buyer or associated parties come to know about any details that are not correct, wrong, or inaccurate including photos and description please let our agency know as soon as possible. Property Hub will not warranty or guarantee the appliance, chattels, or fixture and fitting that may come with property sales. The properties are generally sold as seen, however, we strongly suggest the buyer/seller observe and check the property fixture & fitting Forms (TA10), along with the property information Form (TA06) as well as the Leasehold Information Form (TA07). This property advertisement does not constitute property particulars, your conveyancer should check the papers of the sale, title, and other property-related matters thoroughly and advise you before you exchange the property and complete the sale. We strongly suggest you should conduct the full survey of the property to secure your best interest and the surveyor must be a member of the Royal Institute of Charter Surveyors (RICS).

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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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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.

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The data showed regarding this advert 'Indian Srilankan Takeaway Wembley and restaurant with a flat on long 20 yrs lease - WembleyHigh / 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.