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London Properties Are Pleased To Offer To The Market This 80 Seater Licensed Restaurant Situated On Popular Barking Road for Sale

East London, London

Leasehold : £ 45,000

London Properties are pleased to offer to the market this 80 seater licensed restaurant situated on popular Barking Road is an extremely busy Road in , East Ham. The restaurant is situated in a parade of shop close proximity to schools, bus, Central Park & the nearest Station is Upton Park Under Ground Station. Business has been operating for 6 years comes with seating capacity of 80 seats, fitted industrial kitchen, male and female toilets, storage area, bar, fire alarm and large basement. Internal viewings are highly recommended through London Properties by appointment only.

LOCATION: The premises are prominently located on popular Barking Road is an extremely busy Road in East Ham. The restaurant is situated in a parade of shop close proximity to schools, bus, Central Park & the nearest Station is Upton Park Under Ground Station.

DESCRIPTION: Business has been operating for 6 years comes with seating capacity of 80 seats, fitted industrial kitchen, male and female toilets, storage area, bar, fire alarm and large basement.

USES: A3/A4/A5 Restaurant & Cafes/Drinking Establishments & Hot Food takeaways.

PREMIUM: £45,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: £17,000 per annum

TERMS: 13 years remaining.

BUSINESS RATES: We have been advised by the client that the current rates payable are £4,000 per year However, all interested parties are encouraged to make their own enquiries with Borough of Newham

SIZE: Approximately 1948 sq ft

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Newham

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 68- E Rating. C copy of this property’s energy performance certificate is available on request.

REFERNCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account


FIXTURE FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT



VIEWINGS: Through London Properties by appointment only.


Tenure: 13 years remaining
 
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385 Advert ID 47745    Sellers Ref : EN2 6NX/BSOL

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