Retail premises for sale in Harrow, London HA1

£175,000
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Ideally Located on a busy central Harrow main road
  • An average weekly turnover iro £8,000
  • Substantial potential for growth with local developments
  • Very well-presented and extensively equipped.

Property description

Reference - 47622

Description
Harrow is a large suburban town in Greater London, lying about twelve miles northwest of Central London, and 5.4 miles south of Watford. The restaurant can seat up to thirty customers and has a large public Pay & Display carpark at the rear.

The business is a successful and established Yummy Wings Cottage with a turnover in excess of £400,000 per annum with great potential to increase through the local development of 400 new apartments starting in March 2020 in the immediate area and extending the open hours.

We are informed that release from the franchise and rebranding is a quick and easy process if required by interested buyers. There is no residential accommodation within the premises.

Sales
Currently shop sales average £8,000 per week approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Saturday 10:00 – 00:00 Sunday 11:00 – 00:00

Staff
Managed by the owner with three part time managers and seven part time staff.

Building External
The building is an end of terrace glass fronted purpose built lock up unit with a flat above (not included) and has a pedestrian archway to the left leading through to a substantial public Pay & Display carpark.

Building Internal
The large glass frontage has a right of centre entrance leading into the dining area which has seating for 25 to 30 customers.

The expansive service counter is at the rear with four illuminated over-head menus above.

Behind the service counter is a two-tier stainless steel hot food gantry with kitchen and servery access.

Behind the gantry is the kitchen and preparation area leading through to a wash-up area.

At the back of the wash-up area there is a walk-in fridge and freezer, store room, office and staff w/c and changing facilities.

Tenure
We are advised that the property is held on a fourteen-year lease which commenced in 2020. The annual rent is £20,000. Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Additional Information
The business is fully and extensively equipped including these items listed below. All items are well maintained and in full working order.

Inventory 2 x Computerised till system CCTV System with 8 Cameras Walk-in Fridge Walk-in Freezer Breading Table 2 Tier Hot Food Gantry 2 x Pressure Fryers Griddle Microwave Oven Barbeque Grill Turbo Oven 2 Pan Chip Fryer with Chip Scuttle 2 x Air Extraction Units Drinks Chiller 1 x Upright fridge Chest Freezer Small Fridge Soft Drinks Dispenser Bench Seating and Tables (to seat up to 30 customers) Inlaid Spot Lighting 4 x Overhead Illuminated Menus Double Basined Stainless-Steel wash-up area.

Summary
This is an ideal opportunity to acquire an established and successful fast food restaurant and takeaway situated in a highly sought after, high-profile, prime trading location in the busy centre of Harrow with easy public car parking at the rear.

There is substantial scope for growth with 400 new apartments being built in the immediate area, starting in March 2020.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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