Quick Search:

Property to rent in Romford

Price: £1,500 Monthly

This Property is Markted By :

Stonebridge London Ltd
241E High Street North, London, Manor Park, Greater London, E6 2HT

  • Main Photo









Local Jobs Logo LOCAL JOBS


Local Bars Logo LOCAL BARS


Local Restaurants Logo LOCAL RESTAURANTS


Local Trades Logo TRADES AND SERVICES

 

Property Reference: 2399


Full Property Description:

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.


what3words /// apples.joins.melon

Notice
All photographs are provided for guidance only.

Redress scheme provided by: The Property Redress (PRS008986 )
Client Money Protection provided by: Client Money Protect (CMP004108)

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


Property Features:

  • Establish over 40 years
  • Regular custom via footfall, Just Eats
  • Excellent Goggle rating & Just Eat rating
  • Well know and establish location
  • Business has embrace local community and well respected
  • ?16,500.00 PER ANNUM RENT
  • Rateable value ?11,500 - Quilting 100% rate relief
  • A renewable lease in place till 2027 or new lease can be acquired

Property Brochure:

Click link below to see the Property Brochure:

Energy Performance Certificates (EPC):


    This yet to be provided by Agent


Floorplans:

This has yet to be provided by the Agent


Agent Contact details:

Company: Stonebridge London Ltd
Address: 241E High Street North, London, Manor Park, Greater London, E6 2HT
Telephone:
Click to Show Agents number
Website: http://www.stonebridgelondon.co.uk

Disclaimer:

This is a property advertisement provided and maintained by the advertising Agent and does not constitute property particulars. We require advertisers in good faith to act with best practice and provide our users with accurate information. WonderProperty can only publish property advertisements and property data in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. WonderProperty does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. WonderProperty therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.