£250,000

Restaurant for sale

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Leasehold

Guide price

£250,000

Restaurant for sale

Harrow, Greater London. HA1

1 bath

Local area information

Property location

Nearby amenities

  • Harrow-on-the-Hill 0.1 miles
  • Harrow on the Hill 0.1 miles
  • Red Balloon Learner Centre - Northwest London 0.2 miles
  • The Jubilee Academy 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Harrow to find out more about the local area.

Features and description

  • Leasehold
  • Business for Sale
  • Party Hall
  • Fully Fitted Restaurant
IndoChinese Restaurant & Takeaway – Harrow on the Hill

An established Indo-Chinese restaurant and takeaway is available for sale in the sought-after Harrow on the Hill area.

Key Details:

Rent: £75,000 p.a.

Lease: 14 years remaining (renewable), with break clause in 2029

Last Rent Review: 2024

Guarantor: Mandatory

Insurance Premium: £333 p.m. (£4,000 p.a.)

Business Rates: £1,286 p.m. (£15,435 p.a.)

Utilities: Approx. £2,500 p.m.

Financials & Operation:

Monthly Sales: Approx. £40,000 (30% delivery orders)

Opening Hours:

Mon–Thu: 12:00–14:00 & 17:30–23:00

Fri–Sun: 12:00–23:00

Staff: 4 full-time (2 chefs & 2 waiters)

Premises:

Total Size: 296.81 sq. M. / 3,195 sq. Ft.

Ground Floor (192.50 sq. M. / 2,072 sq. Ft.): Seating for 40 people, bar, toilets, fully equipped kitchen, and storage.

First Floor (104.31 sq. M. / 1,123 sq. Ft.): Large party hall or dining area with seating for up to 100 people, separate bar, additional storage, and toilets.

Highlights & Potential:

Established reputation with loyal customer base.

Additional potential by opening for daytime tea & snacks (arrangements already in place).

Spacious premises with both restaurant dining and private event/party hall facilities.

Reason for Sale: Owner has several other businesses and is unable to manage all simultaneously.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Galaxy Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Galaxy Real Estate for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Harrow (London Borough)
  5. Harrow
  6. Station Road