A well established and profitable fish restaurant in an excellent trading location with private 15 space car park, basement and 9 room upper parts. The ground floor comprises a 150 cover dinning area complete with bar leading to a well equipped kitchen with silent extractor system, walk in fridges and freezer and rear access to car park. Planning permission for a single storey extension with a glass sliding roof has already been granted and would make an excellent addition to this already thriving business; ideal for private functions. The restaurant and kitchen are decorated to a very high standard having been fully redecorated 3 years ago. The upper parts consist of various storage rooms, an office and staff rest rooms which in our opinion could be converted to 1 or 2 flats STPP.
South Woodford is an area of east London, within the London Borough of Redbridge. It adjoins Woodford Green to the north and Wanstead to the south and is 8.9 miles -east of Charing Cross
Lease : 20 year renewable lease granted in June 2016 with 5 yearly rent reviews
Rent : £108,000 p.a. Inclusive of VAT Next review 2026
Rates : £55,000 rateable value. £28,000 payable.
Trade : Takings on application.
Price : REDUCED to £490,000 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.
