Spacious and well maintained A3 restaurant situated within a busy commercial parade adjacent to TESCO Express on Uxbridge Road in West Ealing (UPCOMING CROSSRAIL STATION). The property was recently REFURBISHED and consists of approx 1,590 sq ft. and benefit from a high footfall location. Premium £55,000
LOCATION: Well located on the busy Uxbridge Road, with mixtures of shops, cafes and public transport. Uxbridge Road is a major road in West London passing through many retail and large residential districts. Walking distant to UPCOMING CROSSRAIL West Ealing Station (5 min) and Ealing Broadway (15min).
DESCRIPTION: Approx 1,590 sq ft. The restaurant is currently trading and can be sold as going concern. The property has a gas supply, modern electrics, A/C system, CCTV, two beautifully finished toilets and extraction system together with electronic front shutter system. Further benefits include 2 parking spaces, entertainment license.
PREMIUM: £55K including fixtures and fittings. How is the premium calculated? the premium is based on refurbishment cost carried out by the existing tenants (new certified electrical installation, high quality finish all around incl. toilets, kitchen equipment). Rent reviews will be based on the condition prior to refurbishment.
LEASE: renewable 15 years from Nov 2018. Full repairing and insuring lease
RENT: £40,000 pa (3,333 pcm) (rent EXCLUDES vat)
RATES: The rateable value = £29,750; payable, approx £14,000. Interested parties must verify these figures with London Borough of Ealing.
VIEWING: Strictly by appointment only with Sole Agents Citydeal Estates 020 8896 0800.