Restaurants for sale in Ealing

View the "Excellent opportunity to purchase a well fitted Italian restaurant situated on Abbey Parade, Hanger Lane" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £75,000 Annual Turnover: £286,000
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Business Description
LOCATION: Hanger Lane is a major road in the Ealing and Park Royal areas of London. It forms the westernmost part of the A406 North Circular as it runs north from Gunnersbury Avenue as it crosses the A4020 Uxbridge Road at Ealing Common to meet the A40 Western Avenue at the Hanger Lane Gyratory System. This complex and busy junction incorporates the Hanger Lane tube station on the London Underground.

DESCRIPTION: The ground floor has been refurbished to an immaculate standard with bar entrance leading to approx 85 cover restaurant. Air conditioning, CCTV, W.C.’s and kitchens are to rear with access for delivers and parking them to the side and rear with various storage areas throughout.

USES: A3 with alcoholic licence for bottles or cans of alcoholic beverages for consumption off the premises.

TERMS: The property will offer a New Full Repairing and Insuring Lease for a term of 15 years. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the security of the Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.

RENTAL: £50,000 per annum

PREMIUM: £75,000

BUSINESS RATES: We have been advised by the client that the current rates payable are £8,100. However, all interested parties are encouraged to make their own enquiries with Borough of Ealing.

OPENING HOURS: Monday - Friday 12:00 p.m to 15:00 p.m & 18:00 p.m to 11:00 p.m & Saturday 18:00 p.m to 11:30 p.m & Sunday Closed

SIZE: Approximately 1700 sq ft

STAFF: Own managed with 8 staff

TURNOVER: Current turnover in the region of £286,000 per annum with scope to increase

UTILITIES: All main services are connected

LOCAL AUTHORITY: Ealing

LEGAL COST: Incoming tenant to bear freeholders costs.

REFERNCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only
Trading Hours:


Monday - Friday 12:00 p.m to 15:00 p.m & 18:00 p.m to 11:00 p.m & Saturday 18:00 p.m to 11:30 p.m & Sunday Closed


Number of Employees: Own managed with 8 staff

Tenure: Leasehold

Location Details:

Hanger Lane is a major road in the Ealing and Park Royal areas of London. It forms the westernmost part of the A406 North Circular as it runs north from Gunnersbury Avenue as it crosses the A4020 Uxbridge Road at Ealing Common to meet the A40 Western Avenue at the Hanger Lane Gyratory System. This complex and busy junction incorporates the Hanger Lane tube station on the London Underground.

Listed by: London Properties
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