Property description
Contemporary shisha lounge in Prime location – Immaculate condition!-TO LET / LEASE ASSIGNMENT
Key Features
Immaculate condition
Authentic shisha lounge
Late license
Alcohol/music license
Spacious lover ground seating area
Storage room
Loading/unloading area
Marble floors
Description
This is an excellent opportunity to acquire this immaculately presented, authentic shisha lounge. The unit is located on the busy parade famous its high footfall. The unit consists of ground floor shisha lounge, classy lower ground seating area, storage room and toilets. This commercial property is in excellent condition benefiting from its contemporary elegant look, marble flooring plasma screens, individual seating areas and leather sofas. Furthermore, dance, music, alcohol and late licenses are all in place. We have been advised by our client that the business generates income of £5,500 per week, 30% profit margin.
The property is located next to the busy bus stop, only moments away from the Gants Hill station (Central line). The high street is currently occupied by many vibrant clubs and bars and well known high street brands such as Sainsbury’s and Iceland. The area well served by local buses and easily accessible by car via A123 and A1400.
Accommodation
Main area:
Width/Frontage: 20” approx
Depth: 33” approx
Total area main area: 660sqft approx
Shisha lounge:
Width/Frontage: 20” approx
Depth: 26” approx
Total area shisha lounge: 520sqft approx
Lower ground floor:
Width/Frontage: 19” approx
Depth: 32” approx
Total area lower ground floor: 610sqft approx
Total area: 1,800sqft approx
Tenure
Leasehold/Lease Assignment – £28,000 per annum
Our client wishes to assign the lease which has 10 years remaining.
Premium – £135,000.
Legal Fees
Each party is to bear their own legal cost.
Rates
All interested parties are encouraged to make their own enquiries with London Borough of Redbridge.
Viewings
By Prior Appointment through agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
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Property Features :
- Immaculate condition
- Authentic shisha lounge
- Late license
- Alcohol/music license
- Spacious lover ground seating area