Property description
We are proud to offer a well established A3/A5 licensed restaurant and take- away, located on the popular East India Dock Road E14. This is a fantastic opportunity to acquire a successful running business that is currently generating in excess of £6,000 weekly turnover. The business is currently running as a 12 seater restaurant, with further potential to increase the capacity, along with a equipped kitchen, a storage room and a cold room.
Our client is offering an existing lease with 19 years remaining on a low rent of £13,000pa, further benefits of low business rates. Premium includes the furnishing and equipment.
East India Dock Road is an extremely busy main road with a high footfall and close by Tower Hamlets College. The area boasts strong transport links such as the DLR All Saint and the Jubilee Line at Canary Wharf.
Accommodation
Total accommodation size: 800 sq ft approx.
Lease Term/Commencement
Our client wishes to assign an existing lease with 19 years remaining.
Next rent review is in 2018.
Business rates
£2,800 pa.
Asking Price
Premium £118, 000
Rent £13,000 pa
Legal Fees/Cost
Each party are to bear their own legal costs.
Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
Ranson UK Limited their clients and any joint agents give notice that:
1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Property Features :
- HIGH FOOTFALL LOCATION (CLOSE TO ALL SAINTS DLR)
- NEXT TO TOWER HAMLETS COLLEGE
- CORNER UNIT WITHIN A BUSY PARADE OF SHOPS
- STAFF PRIVATE PARKING FOR THREE CARS
- LOW RENT