Property for sale in Romford

Here`s a rare opportunity to lease a well-established restaurant that has been thriving for over 40 years in the same location. The current owners are retiring, and this restaurant has been a consistent source of income and stability for their family.

This restaurant comes fully equipped and operational, featuring a kitchen, tables, and chairs that can accommodate up to 40 guests. The kitchen includes top-notch features like extractor hoods, refrigeration units, and freezers.
Situated in the heart of Romford town centre, this property offers an open-plan dining area seamlessly connected to a well-equipped kitchen and prep room. Additionally, you`ll enjoy convenient amenities such as rear parking, customer and staff restrooms, a storage room, and a serving bar. Don`t miss the chance to explore this exceptional restaurant opportunity.

Here are some key financial details:

Monthly earnings averaging ?30,000
No business rates
Annual rent of ?18,000

15 YEAR LEASE OFFERED.

In addition to the rent, there is a one-time premium of ?70,000 (Negotiable) required to secure the extensive inventory of fixtures and fittings.


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Notice
Lettings
Stonebridge also offer a professional Lettings and Management Service. If you are considering renting your property, to purchase or are looking at buy to let investments or would like a free review of your current portfolio then please call the lettings manager.

Agents Notes
All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold/Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended/converted as to Planning Approval and Building regulations compliance. These do not constitute or form part of an offer or contract nor may be regarded as representations. All interested parties must themselves verify their accuracy.


Council Tax
London Borough of Havering, Business Rates

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Gas Central Heating
Garden/Outside Space: No
Parking: No
Garage: No