Offers around POA
Heartland Property is pleased to offer you this successfully running business for sale.
Owner is selling due to other commitments.
The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings.
• A3 Restaurants and Cafes
• 15-year lease from 2017
• Long term lease 01.11.2017 to 31.10.2032
• turnover c.£10k weekly
• Rent is £20,000 PA and subject to a 5 yearly rent review pattern
• Rates around £12000 per year due to rent reduction
• Premium (open to offers, cash buyers preferred)
• EPC Rating - D84
• Financials available on request
Trading since December 2017. This strong trading location has the potential to grow further by adding fried chicken to existing grilled operation & increase its marketing.
Leasehold Existing Pepe's Piri Piri Franchise - one of the strongest brands in the UK for franchising.
The Premises includes a basement (with further business potential) and rear access including parking.
2,551 sq ft ground floor (restaurant and kitchen) plus 4,418 sq ft basement (not currently in use).
Frogmoor is located adjacent to Chilterns Shopping Centre - anchored by Primark and Wilkinson Town.
All fixtures and fittings are included, along with the goodwill of the business.
Fit-out cost including franchise licence and planning £250,000
Potential to increase sales by improved and increased marketing, as well as by adding fried chicken to the existing grilling-only
Reasonable offers are invited for the business goodwill, equipment, fixtures and fittings.
Viewing strictly by appointment only
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact Heartland Property for more details
14 Village Way East. Rayners Lane, Harrow, HA2 7LU | 020 3764 5757 | firstname.lastname@example.org