Turnkey venue with late licence and strong weekly takings, ready for immediate trade.
Seating for 90 covers; 85 with dance floor
An established, turnkey restaurant business on Spring Grove Road, offered with fixtures and fittings and trading figures. The premises seat up to 90 covers (85 with dance floor), feature contemporary décor, large windows and flexible layout suitable for dining and events. A late licence to midnight, including live music, supports evening trading and events revenue.
Financially the business shows healthy weekly takings of £6,000–£7,000 against a low rent of £1,750 per month and no business rates liability listed. The leasehold sale price of £200,000 includes equipment and goodwill, making it suitable for a buyer wanting immediate cashflow and the option to grow evenings, private functions or catering services. Connectivity and local demand are strong — excellent mobile signal, fast broadband and a busy Hounslow location with good footfall.
Important lease and finance note: there are 15 years remaining on the lease. That term may restrict mortgage lending and some lenders could refuse to lend on the purchase. Buyers should check lender criteria and the cost/feasibility of negotiating a lease extension. Crime levels are average and the wider area is multicultural with a young local population, supporting varied cuisine and late-night trade potential.
This opportunity suits an investor or operator seeking a turnkey hospitality business with event potential and established turnover. Be realistic about lease renewal timing and financing options; budget for professional advice on lease negotiation if long-term ownership is planned.