Property description
The restaurant is located on busy parade of shops right next to the Coral and opposite densely populated residential area. The opening times are from 12pm to 1am. The restaurant is kept in good condition and comprises of front seating area, counter and fully fitted kitchen. We have been advised by our client that the average weekly income is £3,500.
The restaurant is right opposite the bust stop providing good transport links for the local area. The closest underground station is Bethnal Green (Central line) providing convenient links to the Liverpool Street Station and the rest of the City. The area is easily accessible by car via A107 and A1205.
Accommodation
Ground floor unit:
Width/Frontage: 10” approx
Depth: 31“approx
Ground Floor size: 310sqft approx
Kitchen:
Width/Frontage: 8” approx
Depth: 20 “approx
Basement size: 160sqft approx
Total accommodation size: 470sqft approx
Tenure
Leasehold/Lease Assignment – £15,600 per annum.
Our client wishes to assign the 20 years lease which has 10 years remaining. 5 years rent reviews (last 3 months ago).
Our client has advised us that the shop weekly income is approximately £3,500.
Premium
£90,000?? New Premium: £68,000
Legal Fees
Each party is to bear their own legal cost.
Rates
We have been advised by the client that the current rates payable are £3,700 per annum. However, all interested parties are encouraged to make their own enquiries with Borough of Hackney.
Viewings
By Prior Appointment through agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
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Property Features :
- Well presented unit
- A3 usage
- Ground floor restaurant
- Fully fitted kitchen
- Busy parade
Property Info: