Property description

Large restaurant & bar moments from Stratford shopping centre!-TO LET / LEASE ASSIGNMENT

This is an excellent opportunity to acquire a large restaurant & bar moments from Stratford shopping centre. The unit consists of large ground floor seating area, kitchen and backroom. It benefits from alcohol license, low rent and low business rates.

The property is located on busy Stratford High Street, currently occupied by many household names. The Stratford station (underground, rail, DLR) is 0.2 miles away. The area is exceptionally served by local buses and easily accessible by car via A118.

Accommodation
Ground floor:
Width/Frontage: 18” approx
Depth: 72“approx
Ground floor size: 1296sqft approx

Kitchen:
Width/Frontage: 18” approx
Depth: 16“approx
Kitchen size: 288sqft approx

Backroom:
Width/Frontage: 19” approx
Depth: 32“approx
Backroom size: 608sqft approx

Total accommodation size: 2192sqft approx

Lease Term/Commencement
Our client wishes to assign the lease (automatically renewable) which has 2 years remaining.

Rent
£16,000 per annum.

Premium
£98,000? New Premium: £75,000

Legal Fees/Cost
Incoming party is to bear all legal cost

VAT
This property is not elected for VAT.

Rates
Interested parties are encouraged to make their own enquiries with London Borough of Newham.

Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057

     

    

        

Property Features :

• Moments from Stratford shopping centre
• Large restaurant & bar
• Low rent & low business rates
• Moments from Stratford station
• Alcohol license