Restaurant for Sale

• Established Restaurant
• Modern Decor
• Long Lease
• 1250sqft

• Prime Location
• Live Music License
• A3 License

Full Description

OneClickCommercial are delighted to offer a highly reputable and well established (since 1996) restaurant, nestled within a prime residential area of East London / Essex border with no surrounding competition within a mile radius. This 60 seater Indian restaurant gives you the opportunity to either aggressively push and take over the existing business or pursue a new concept within the area.
In addition to this, the premises currently holds an Alcohol Licence as well as a live music licence making this a great venue to hold functions.

SIZE: 1250 Sq Ft / 111 SqM (Approx)
RENT: £24,000 PER ANNUM )
BUSINESS RATES: £4000 (approx.)
LEASE: 21 years remaining inside the landlord and tenant act 1954 – new lease was granted Sept 2016
PREMIUM: OFFERS IN EXCESS OF £80,000

3 MONTHS ADVANCE RENT AND 3 MONTHS DEPOSIT REQUIRE UPFRONT
INCOMING TENANT TO COVER ALL LEGAL EXPENSES