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For SalePOA
OR
For Rent£28,000.00 Per Annum

W13: Ready A3 restaurant with attractive rent and residential uppers.

Residential, Retail, Retail - High Street, Restaurant/Cafes , 2295 Sq Ft
Property type: Residential, Retail, Retail - High Street, Restaurant/Cafes
Tenure: Assignment, Business for sale, Investment Opportunity, To Let
Size: 2295 Sq Ft
Price: POA
Rent: £28,000.00 Per Annum
Location: 127-129 Uxbridge Road, W13 9AU
A RARE opportunity to lease this well run, high turnover, A3 restaurant situated on a popular parade between West Ealing and Ealing Broadway.

The lease INCLUDES approx. 750sqft residential accommodation above (4 x en suite bedsits/ rooms)

The net income from the upper-floors residential is approx £35,000 a year.

This restaurant is one of the highest grossing Indian restaurants on JustEat. It has a strong following and any new owner could take over with minimal effort. The restaurant can easily accommodate 50 covers and can push towards 80. Fully licenced and has a 5 star hygiene rating.

Location:
The premises is well located on a busy Uxbridge Road with a mixture of shops, offices and predominately retail units. It is a stone's through away from the very densely populated Culmington Road, which houses a huge quantity of families and professionals. The property is well located between West Ealing and Ealing Broadway.

Lease:
12 years left (renewable). NO rent review for next 4 years.

Services:
Full repairing and insuring lease.

Premium:
£120,000, including fixtures and fittings. How is the premium calculated: the premium is based on refurbishment cost carried out by the existing tenants, establishes use, great customer base and superb income from residential upper-floors. Rent reviews will be based on the condition prior to refurbishment.

Rates:
The rateable value = £29,950; payable, approx £11,000 (BEFORE any reliefs or discounts). Interested parties must verify these figures with London Borough of Ealing.

Legal costs:
Each party to be responsible for their own legal costs incurred in the transaction. However, incoming tenant may be responsible for landlord's legal costs.

Viewing:
Strictly by appointment only (NOTE: staff unaware).
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