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Advert Ref: C1062

Leasehold Lic. Restaurant In Wembley For Sale

  • Wembley, Middlesex
Asking price:
£250,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Prime location
Turnover £6,000 PWK
4185 Sqft
130 Covers
2 sublet retail units producing £24,000 p.a.

Location
These well appointed, substantial premises occupy a coveted trading location being opposite Wembley mainline rail station. Close by are Wembley stadium and a vast well populated residential area.

Business
Well established and only being marketed as a result of the vendors overseas commitments.

Turnover
£6,000 PWK

Hours
12.00noon to 11.00pm (7 Days)

Premises
Imposing double fronted corner premises 4185 sqft. Arranged mainly on the ground floor, with a separate seating area to the front, further large seating areas to the rear, bar/serving area, managers office, large fully equipped kitchen, storage room, male, female and disabled WC’s. There is also a first floor private lounge area. There are also two independent retail units that are sub-let on short term tenancies, within the demise producing £24,000 P.A. income.

Tenure
20 year Full Repairing & Insuring Lease, from September 2019rent - £46,000 P.A (5 year reviews)

EPC Rating
TBA

Business rates
TBA

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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