Offered for sale for the first time on over 20 years is this very well established and profitable 82 cover café restaurant. Located in an enviable main road position with excellent passing trade and regular custom your earliest viewing is highly recommended. The shop trades a 7 day week with no deliveries and very little JustEat income. It benefits from a 2 bedroom self-contained flat over in need of modernisation held on the same lease. The ground floor café has excellent decoration and a well equipped kitchen located to the rear of the shop with access.
Located in the London borough of Newham served by the London Underground District and Hammersmith & City.
Lease : 16 year renewable lease granted in February 2021 with 4 yearly rent reviews
Rent : £22,500 p.a.
Rates : Currently £3,800 plus council tax for flat. Rateable value: £15,250.
Trade : Takings on application.
Price : £ 135,000 O.N.O to include lease, fixtures & fittings and good will + S.A.V.
Viewing by appointment only.
Misdescriptions Act 1993
Whilst every effort has been made to ensure the accuracy of these particulars they are in no way guaranteed and do not and will not constitute any part of a contract or any other form of agreement. No liability shall attach to Cosar Property & Finance Services in relation to anything stated or omitted from these particulars. All prospective purchasers are invited to and expected to inspect the property to check the accuracy of these particulars and or seek appropriate advice from their surveyor and/or solicitor.