Let agreed

Property available on: 01/01/2020

Nepalese Restaurant on Northfield Avenue, Ealing, London established in 1980.The present owner is now retiring after 35 years of running this successful restaurant. The restaurant is part of a busy parade of shops on the west side of Northfield Avenue, in a fast improving trading area. The restaurant comprises of a large ground floor area with two customers toilets and one for staff.

Viewings strictly by appointment only.

Lease: Offered with a new 12 years lease with 4 yearly rent reviews. The restaurant has A3 licence with permission to sell alcohol.
Rates: Approximately £6,000 pa

Call Nigel on 0208 743 5254 to arrange a viewing.

Location: The premises are prominently located on a busy parade on Northfield Avenue very close to Mayfield Avenue. The nearest Tube Station is Northfields.

Description: Single fronted premises occupying of mid terrace building, tiled floor, tables & chairs providing seating for 52 people, two WC's( ladies and gents), there is a fully equipped professional kitchen, with stainless steel extractor plus stainless steel cladding to walls (cooking area) walk-in cold room, walk-in deep freeze and prep area to the rear.

Terms: Full repairing and insuring & renewable lease for 12 years

Business use: A3 licence with permission to sell alcohol.

Premium: £90,000.00 for the benefit of a new 12 year lease, fixtures, fittings and goodwill.

Rent: £25, 000 per annum.

Deposit - 3 months rent (£6,250.00)

Business rates: £6,000 per annum approximately. Interested parties are recommended to make their own enquiries with the Business Rating Department of The London Borough of Ealing.

Size: Approximately 800 sq ft

Opening hours: Open 7 days a week Mon - Sun - 11 a.m till 11 p.m

Turnover: Current turnover in excess of £360,000.00 per annum

Staff: Owner managed with 3 x staff.

Utilities: All main services are connected.

Local authority:London Borough of Ealing

Legal costs: Each party is to bear their own legal fees.

Reference charge: There will be a charge of £500 plus vat for taking up references for proposal tenants.
A holding deposit will be required to secure the property, this deposit will buy a period of exclusivity and will be held in Daniel Paul's client account

Fixtures & 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 working condition.