£55,000
Property for saleNihari - Spring Street, Paddington W2
- Leasehold
Finchleys
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About this property
A fantastic chance for an independent operator to take over a well-established restaurant in the heart of Paddington, just moments from Paddington Station and Hyde Park.
This site has been successfully trading and offers strong weekly takings with room for growth - ideal for anyone looking to step into a proven business and make it their own.
The restaurant spans a spacious ground floor dining area and a large, fully fitted basement kitchen.
All equipment is in place and ready to go - including full extraction, cookers, fryers, ovens, cold rooms, and ample storage.
You’ll also find:
Air conditioning for customer comfort
Dumbwaiter (service lift) for efficiency
Well-maintained interior and clean kitchen setup
This is a genuine turnkey operation – you can start trading from day one.
Financial Details
•Rent: £55,000 per annum
•Premium: Poa
•Weekly takings: Around £7,000 (no alcohol)
•Rateable Value: £42,750
•Lease: New 20-year Fri lease
A well-positioned, fully equipped restaurant in a high-footfall location - ready for an independent operator to make their mark.
Get in touch today to arrange a viewing - opportunities like this in Paddington don’t stay on the market for long!
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Tenure
Leasehold (20 years)
Service charge
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