Restaurant/cafe for sale in Kentish Town Road, London NW5

Takeaway for Sale in Kentish Town. Fully Fitted & Well Maintained.

Main features

Located in Kentish Town High Street
Great Visibility and High Footfall Area
Circa of 20-25 Covers
Ground Floor of Circa 896 Sq. Ft
Basement of Circa 678 Sq. Ft
Fully Fitted Open Plan Kitchen
Large Storage in the Basement
Gas & Extraction in Place

landlord’s requirements

Personal Guarantor Required
3-6 Months Rent Deposit Subject to References
Accountant’s references
Trade references

Lease details

Lease: Ending May 2037 (Inside the Act of 1954)
Rent: £39,000 pax
Rent Review: Every 5 Year
Next Rent Review: 2029
Premium: £139,000 (Business, Lease & ff&E)

The premises

Total Circa of 1,574 sq. Ft
Circa of 20-25 Covers
Payable Business Rates: £13,980
This year payable 3,348 per annum (Retail discount)
Ground Floor of Circa 896 Sq. Ft
Basement of Circa 678 Sq. Ft
Fully Fitted Open Plan Kitchen
Gas & Extraction in Place

The business

Gross Turnover: We have been informed that the takeaway generates Gross revenue of circa £234,000 per annum (£4,500/week).
Current Opening Hours: Mon – Sun (12pm-11pm)
Our client manages the takeaway with 4 staff members – 3 full time & 1 part time.

The location

Kentish Town, NW5
0.4 miles to Kentish Town West
0.6 miles to Camden Road

Viewings & confidentiality

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.