Restaurants for sale in Cricklewood

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 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: £70,000 Price Reduced Annual Turnover: £234,000
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Business Description
LOCATION: The premises are prominently located on Cricklewood Broadway and this is a great opportunity to acquire a highly visible award winning restaurant occupying an outstanding trading position with excellent access to major road links (A5).

DESCRIPTION: Fitted and presented to high trade specifications throughout, these substantial and well maintained restaurant of approximately 730 sq ft all situated on the ground floor, with kitchen to the rear with approximately 50-60 covers in its current format. The restaurant provides a bar area and separate male and female WC’s, large kitchen and preparation area and walk-in chiller

TERMS: The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews.

USES: A3

PREMIUM: £70,000 for the benefit of the lease, fixtures & fittings.

RENTAL: £16,000 per annum.

BUSINESS RATES: We are advised that the business rates payable currently stand at approximately £5,181 per annum but the current owner is paying approximately £4,000 via small business relief.

OPENING HOURS: Monday 6.00 to 12.00 & Tuesday to Sunday 12.30 p.m. 12.00 midnight

SIZE: Approximately 730 sq ft

STAFF: Own managed with four staff

TURNOVER: Current average weekly retail takings in the region of £4,500 to £4,000 with scope to increase

UTILITIES: All main services are connected.

LOCAL AUTHORITY: Brent

LEGAL COST: Each party is to bear their own legal cost.

REFERENCE 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 6.00 to 12.00 & Tuesday to Sunday 12.30 p.m. 12.00 midnight


Number of Employees: Own managed with four staff

Tenure: Leasehold

Location Details:

The premises are prominently located on Cricklewood Broadway and this is a great opportunity to acquire a highly visible award winning restaurant occupying an outstanding trading position with excellent access to major road links (A5).

Leasehold Term:

The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews

Listed by: London Properties
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