Fully Fitted 80Covers Restaurant for sale in South Woodford with Premises Licence

Restaurant for sale in South Woodford East London. Circa 3,200 Sq. Ft

Property ID: RPS-21760

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN FEATURES

Fully Fitted Restaurant with Shisha Lounge
Area: Circa 3,200 Sq. Ft
Fully Fitted Commercial kitchen
Gas & Extraction in Place
Ltd Company for Sale
Benefits from Premises Licence

LEASE DETAILS

Lease Ending Oct 2033 (Inside LTA 1954 Act)
Current Rent: £63,500 plus VAT
Rent Review Term: 5 years
Next Rent Review: Oct 2028
Premium: £250,000(Ltd, Business, Lease and Fixtures & Fittings)

LANDLORD’S REQUIREMENT

9 Month’s Rent Deposit Required (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility

PREMISES

Area: Circa 3,200 Sq. Ft
Large Restaurant with Al Fresco Dining
Fully Fitted Commercial kitchen
Circa 80 Cover Restaurant
Benefits from 3-phase Electric Supply
Gas & Extraction in Place
Benefits from Premises Licence (currently not used)
Payable Business Rates: Circa £20,000/annum (Rateable Value: £43,000)

THE LOCATION

South Woodford, E18
Immediate units are occupied by several national retailers
Excellent Location

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.