Property description
Small restaurant business (A3/A5 use) available ot buy as a running business with all equipment and the benefit of a long lease at an extremely low rent of only £620 per month on High Road, Ilford.
This is an excellent opportunity for someone to establish their footprint in a busy location.
30 years lease from 2012, rent review every 10 years, business rates are approximately £103 per year.
The long lease on the premises, the equipment and the business can be transferred to an interested party for a good will payment of £90,000.
Approximate floor space of 400 square feet with a further 500 square feet in the basement.
For more details please get in touch.
Notice
All photographs are provided for guidance only. Letting fees range from £250 - £350 per tenant. Please note your income must be at least 250% of rental value. You may have up to 4 persons on a tenancy agreement to reach the required income band.