Property for sale
Property description & features
- Tenure: Leasehold (20 years remaining)
- Kitchen-Diner
- Fridge Freezer
- Microwave
- Oven/Hob
- Gas Central Heating Combi Boiler
RETAIL · Property/ Business: Business
· Address: Station Road
· City: HARROW
· Contact Information: [use Contact Agent Button]
· Type of property/business: RESTAURANT/TAKEAWAY
· Size: roughly around 500sqft, ground
· Year established: 2012
· Any recent renovations/upgrades: front seating area
Location and Accessibility
· Nearest Major Highway: A406 North Circular Road
Public transportation:The following transport lines have routes that pass near HA1 XXX
· Bus: 140, 182, 183, 186, 258, 340
· Train: OVERGROUND, SOUTHERN, WEST MIDLANDS RAILWAY
· Tube: BAKERLOO, METROPOLITAN
· Parking: 5 free car park space available at the back
· Proximity to Amenities: Harrow Council, Mobility world, S.K.V.P, St Luke’s Hospice, Temple, Citizens advice Bureau, Harrow Central Mosque, Safari Cinema, Community Church, Harrow Civic Center, Tesco Superstore
Pricing and Availability· Price: £150k brought down to £130k
· Outside Tenure: leasehold- Under Tenant Act 1954
· Lease/Rent Terms: New lease will be provided, 10/15/20 years as you decide. Rent payment- quarterly payment
· Annual rent: £35,000 (can be negotiated)
· Rate: £2300 annually
· Availability: now
Additional Information· Additional Notes: The restaurant was established 14 years ago. There are two flats above the shop. One bedroom flat giving an income of £1000 monthly and two bedroom flat giving an income of £1500 monthly. The shop’s rent £2500 is covered by the income from the flats.
The business was very good but came down to average because one of the well trained staff flew back for her marriage and the leaseholder too had health issues which was the cause of his absence at the shop. Though he is still running the business, he wants to transfer it to someone with a guarantor and move on with his treatment.
The front area, seating structure was upgraded a few months ago.
Features of the property:16 seating arrangement,menu display LED screens- menu charts could be changed accordingly, Cooler room pizza machine, chicken fryer,chips fryer,chips holder,grill,steamer, chicken cabinet, dough mixer, breading table with the motor, 5 freezers, bun toaster
Turnover:Before two years; monthly turnover above £50k
Due to leaseholder’s health declination; monthly turn over is £10k-£15k (proof records could be provided)
Staff: 2 members, well trained
Trading Hours: 11.30 AM- 11.30 PM
Licence could be approved for 24 hours opening consent if applied- costs around £350 only
UPDATED -MAY 09/2024
Places of interest
See more properties like this:
*DISCLAIMER
Property reference nila_895500269. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nila Estates - Harrow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.