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This restaurant opportunity is set in a prime location on the ground floor of Featherstone Road, Southall, offering a turnkey business ready for immediate operation. The premises are situated within a vibrant residential and commercial area to provide a consistent flow of customers. Currently configured with a versatile dining layout, the space is fully equipped with commercial appliances, fixtures, and fittings, providing a significant growth opportunity for new management to expand the capacity up to 50 seats.
The business is offered with a goodwill premium of £65,000 negotiable, representing the established operational value and reputation. The property is held on a 9-year lease that commenced on 30 May 2024, with approximately 7.5 years remaining at a current annual rent of £25,000. Rent is paid quarterly, and a rent deposit of £4,166.67 is required. While the lease is excluded from the security of tenure provisions of the Landlord and Tenant Act 1954, it offers long-term stability with the next rent review not scheduled until 30 May 2027. This assignment is subject to landlord consent and the standard provision of an authorised guarantee agreement.
Call Lords Associates today to arrange a viewing