Cafe for Sale in Fulham Palace Road

  • Leasehold Price: £60,000
  • Annual Turnover: £208,000
Fulham, London, England
Seller Ref:FULHAM_PALACE_ROAD_CAFE
For Sale

Cafe for Sale in Fulham Palace Road

Fulham, London, England
Seller Ref:FULHAM_PALACE_ROAD_CAFE
  • Leasehold Price: £60,000
  • Annual Turnover: £208,000

Overview

Seller Ref: FULHAM_PALACE_ROAD_CAFE

Description

Cafe for Sale in Fulham Palace Road

MAIN FEATURES

Busy Location in Fulham Palace Road
Grant of New Lease
Five Star Hygiene
Benefits from Extraction & Alcohol Licence
Circa 836 Sq. Ft (Ground Floor: 484 | Basement: 344)
Total Covers: Circa 60 (Front & Rear)

LEASE DETAILS

15 years new lease (Outside the LTA 1954)
Rent: £27,500 PAX
Rent Review Term: Every 5 years
Next Rent Review: TBC
Premium: £60,000 (Business, Lease & fixtures & fittings)

PREMISES

EPC Rating: D
Ground Floor: Circa 484 Sq. Ft (Kitchen & 60 Covers)
Basement: Circa 344 Sq. Ft (Storage)
Extraction & Gas Connection in Place
Rateable Value: £25,000 (Payable: Circa £12,500/annum)
Benefits from Premises Licence

THE LOCATION

Fulham Palace Road, W6
Hammersmith: 0.2 mile
Charing Cross Hospital: 0.2 mile
West London College: 0.6 mile
Fulham Football Stadium: 1.1 mile
High Passing throughout the day

TRADING

Turnover: Circa £4,000/week (£208,000/year) as per the seller
Trading Hours: 6am till 8pm (Sunday Closed)

REASON FOR SALE

Retirement Sale

LANDLORD’S REQUIREMENT

Must have Hospitality Background
Rent Deposit of 3-6 months (non-negotiable)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Leasehold Terms:
15 years new lease (Outside the LTA 1954) Rent: £27,500 PAX Rent Review Term: Every 5 years Next Rent Review: TBC
Is this business relocatable:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/cafe-for-sale-fulham-palace-road/

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