Restaurants for sale in Watford

View the "this ground floor shop unit with long established A3/A5 Bengal/Indian takeaway situated within couple of minute’s walk to Carpenders Park Overground Station" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Leasehold Price: £25,000 Price Reduced Annual Turnover: £130,000
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Business Description
LOCATION: The property is within a couple of minutes’ walk of Carpenders Park Overground station. The adjoining shops provide a range of local services to local residents including CO-CP supermarket, Post Office, pharmacy, off license, dental surgery and hair salon. It is the only takeaway in this location.

DESCRIPTION: A ground floor shop with long established takeaway A3/A5 use with space for diners. The unit is triangular in shape which provides a wide and visible shop front but the unit narrows at the rear. To the rear there is off street parking for 2/3 cars.

USES: A3/A5

PREMIUM: £25,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: £10,875 per annum

LEASE: The premises are available by assignment of our client’s 20 year full repairing and insuring lease granted 14 April 2011.The 2016 rent review has been settled

BUSINESS RATES: £836 via small business relief

SIZE: Approximately 420 sq ft

OPENING HOURS: Monday - Saturday 5:30 pm - 10:30 p.m & Sunday 5:30 p.m - 10:00 p.m

STAFF: Owner managed with 5 Full time staff & 2 part time

TURNOVER: Current turnover is in excess of £130,000 per annum approximately

LEGAL COST: The ingoing tenant to bear the landlord’s reasonable legal costs

LOCAL AUTHORITY: Three Rivers Council

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 151 -G Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file

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.

FRONT RECEPTION: 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 - Saturday 5:30 pm - 10:30 p.m & Sunday 5:30 p.m - 10:00 p.m

Number of Employees: Owner managed with 5 Full time staff & 2 part time

Tenure: Leasehold

Location Details:
The property is within a couple of minutes’ walk of Carpenders Park Overground station. The adjoining shops provide a range of local services to local residents including CO-CP supermarket, Post Office, pharmacy, off license, dental surgery and hair salon. It is the only takeaway in this location.

Leasehold Term:
The premises are available by assignment of our client’s 20 year full repairing and insuring lease granted 14 April 2011.The 2016 rent review has been settled

Listed by: London Properties
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