Property description
WELL ESTABLISHED RUNNING BUSINESS RESTAURANT AND TAKE AWAY WITH TWO BEDROOM FLAT ABOVE. The premises are prominently located on a great trading and passers-by position on in a busy High Road position on Kingsbury Road with many of own regular customers. The parade services a densely populated residential and commercially vibrant area with many parking spaces outside, Close to both Kingsbury (Jubilee Line) within 10 minutes walk and Wembley Park (Jubilee & Metropolitan Line) only 5 minutes drive.
The premises comprising a spacious and comfortable sitting area, fully air conditioned, heated and well fitted authentic Indian cuisine restaurant with bar area and covers a sitting area for 90 people, large kitchen area with fully fitted appliances and all necessary equipment, cold room and storage area at the rear, other benefits include aluminum shop front with electric roller shutters, spotlighting and CCTV monitored alarm system.
The flat above is in good condition and arranged over two floors, currently rented at £1,000 per calendar month (£12,000 per annum), however the current rental value for the flat is between £15,500 to £16,000 per annum.
The business has been run by our clients for over 9 years. Great potential to take the business forward by looking to add the latest offering suitable for Indian Licenses Restaurant & Takeaway or any other type of restaurant. All appliances and equipment included in the sale price.
- Tenure: Leasehold
- Lease: Renewable
- Rent: 30,000p.a for shop and flat above