Property description

Newly refurbished restaurant moments away from East Ham station.-TO LET / LEASE ASSIGNMENT

Key Features
A3 license
Newly refurbished
Moments from East Ham station
Male/Female toilet
Disability access
Marble flooring
Air condition/CCTV system

Description
This is a fantastic opportunity to acquire a restaurant on the very busy High Street. The property is located on High Street North, only few moments away from East Ham station. The property consists of ground floor seating area, kitchen and male/female toilets. The property benefits from new marble flooring, CCTV system, air condition unit, alcohol license. This unit presents a fantastic opportunity for both an established, or developing brand to set up shop on a busy up and coming street.

East Ham is only 15 minutes bus ride away from the brand new 2012 Olympic Stadium so the whole area is on the rise with a massive regeneration project well underway. A hugely popular indoor market is also located on the road attracting many people from across East London on a daily basis. East Ham station is only 2 minutes away from the unit, and many local bus routes serve the area. The shop is also easy to get to by car via the A117 and A13. The large public car park located on the High street ensures that parking is not an issue.

Accommodation
Main Area:
Width/Frontage: 20” approx
Depth: 30 “approx
Main Area size: 600sqft approx

Kitchen:
Width/Frontage: 14” approx
Depth: 9 “approx
Kitchen size: 126sqft approx

Total accommodation size: 726sqft approx

Lease Term/Commencement
Our client wishes to assign the lease (commenced in 2013) which has 11 years remaining.

Rent
£25,000 per annum.

Premium
Original Premium £100,000. New Premium £70,000.   

Legal Fees/Cost
Each party is to bear their own legal cost.

VAT
This property is not elected for VAT.

Rates
All 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 :

• A3 license
• Newly refurbished
• Moments from East Ham station
• Male/Female toilet
• Disability access