A unique opportunity to assign this newly refurbished E-Class RESTAURANT and ONE-BEDROOM flat in Northfields on a busy parade close to Northfields Tube Station; currently operating for 10 years as a highly reputable and established Pizza Restaurant, it can be sold as a going concern but also offers other options within E-Class Use. RENT: £24,000 per annum. Premium required (POA)
This is an excellent business with a proven history, great turnover, boasting over 580 reviews (4.7 stars) and a fantastic following both locally and beyond.
The property benefits from front outdoor seating options, electric shutters, gas, rear access and high footfall, being a short walk from Northfields Tube Station.
***Early viewings recommended***
Location
Northfield Avenue in Ealing offers a fantastic selection of independent shops and excellent transport links. Close to Northfields Tube Station this premises benefits from great position and low rent.
Accommodation
E-Class RESTAURANT shop (approx. 380 sq ft), currently trading as a reputable and established pizza restaurant for 10 years, with a ONE-BEDROOM flat above (approx. 400 sq ft).
The flat has its own entrance and is offered vacant.
Terms
Premium: PRICE ON APPLICATION (POA): including goodwill, fixtures and fittings. The premium is based on major refurbishment cost carried out by the existing tenants and the value of an established and profitable business and benefit of one bedroom flat above. Rent reviews will be based on the condition prior to refurbishment.
Rent: £24,000 pa
Lease: 10 years from January 2025 (renewable)
Rates: The rateable value = £14,500 BEFORE any discounts or reliefs. Interested parties should verify these figures directly with the London Borough of Ealing.
Legal costs: Each party to bear their own legal costs, with the incoming tenant responsible for the landlord’s reasonable legal fees.
Specification
- GREAT LOCATION
- Reputable Pizza Restaurant for Sale
- Shop and One Bedroom Flat
- Long Lease
- Premium required (POA)