£200,000

Restaurant for sale

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Business

Guide price

£200,000

Restaurant for sale

High Road, Seven Kings IG3

Local area information

Property location

Nearby amenities

  • Seven Kings 0.1 miles
  • The Palmer Catholic Academy 0.3 miles
  • Ark Isaac Newton Academy 0.3 miles
  • Goodmayes 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Century24 Ltd are delighted to market this great opportunity to acquire a established the fully equipped and ready for operation, offering a unique opportunity for someone looking to establish or expand a food-based business in this vibrant area. With a manageable rent and a stable long-term lease, it’s an excellent option for entrepreneurs seeking a profitable location in Seven Kings.8DP.

***No approach whatsoever should be made to the owner of the premises***

License: A3 to A5
Lease Term: 16 years, renewable

Property Highlights:

Prime Location: Positioned on the busy Seven Kings High Road with high foot traffic.
Size: Approximately 17.95 x 39.99 feet, offering ample space for operations, displays, and customer seating.
Flexible Licensing: Suitable for diverse food services with the advantage of A3-A5 licensing.
Attractive Lease Terms: 16 years lease, with the opportunity for renewal.
Financials:

Rent: £21,600 per annum
Business Rates: Approximately £2,400 per year
Premium: £200,000
Advance Rent: 3 months upfront
Deposit: 3 months deposit required

Century24 Ltd admin fee of 5% of agreed business premium payable by in going assignee's.

Century24 Ltd highly advise early viewing to avoid disappointment.
For more information and to arrange viewing please call our Commercial Sales Department or leave us a email.

Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Century 24 Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Century 24 Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Redbridge (London Borough)
  6. Ilford
  7. Goodmayes
  8. High Road