Well Fitted Restaurant in North London For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, NW LONDON

Price £210,000

Features

Well Equipped Restaurant

NEWLY FITTED 2026 TO HIGH STANDARD BUT NOT TRADING DUE TO VENDORS OTHER BUSINESS INTERESTS

SINGLE FRONTED RESTAURANT in the region of 1,100 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights, Air conditioning with hot air, cool display counter with refrigerated storage section, 3 LED Menu Boards.

Tables and chairs providing seating for 40 People.

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 8-burner), pizza oven rotator, fridge, freezer, double sink and drainer, sink.

Staff Toilet with w.c. and wash hand basin.

Basement, used for storage purposes

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Accommodation

THE SELF CONTAINED HMO ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £3,400 per month. The accommodation comprises:

4 Double Bedrooms ensuite with Shower room and WC
Large Shared Kitchen Diner.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £35,000 p.a.

(As will be appreciated with the rental income currently of £40,800 p.a. in respect of the self contained maisonette, there is in fact at the present time a profit rental of £5,800 p.a).

Business Rates from April 2026 £5,890 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1998, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £210,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote