- Establish over 40 years
- Regular custom via footfall, Just Eats
- Excellent Goggle rating & Just Eat rating
- Well know and establish location
- Business has embrace local community and well respected
- £16,500.00 PER ANNUM RENT
- Rateable value £11,500 - Quilting 100% rate relief
- A renewable lease in place till 2027 or new lease can be acquired
Here's a rare opportunity to lease a well-established restaurant that has been thriving for over 40 years in the same location. The current owners are retiring, and this restaurant has been a consistent source of income and stability for their family.
This restaurant comes fully equipped and operational, featuring a kitchen, tables, and chairs that can accommodate up to 40 guests. The kitchen includes top-notch features like extractor hoods, refrigeration units, and freezers.
Situated in the heart of Romford town centre, this property offers an open-plan dining area seamlessly connected to a well-equipped kitchen and prep room. Additionally, you'll enjoy convenient amenities such as rear parking, customer and staff restrooms, a storage room, and a serving bar. Don't miss the chance to explore this exceptional restaurant opportunity.
Here are some key financial details:
Monthly earnings averaging £30,000
No business rates
Annual rent of £18,000
15 YEAR LEASE OFFERED.
In addition to the rent, there is a one-time premium of £70,000 (Negotiable) required to secure the extensive inventory of fixtures and fittings.
Deposit: £4,500.00
Minimum Tenancy : 12 months
Notice
All photographs are provided for guidance only.
/// apples.joins.melon is the what3words address for the best entrance. what3words has given every 3 metre square in the world a unique combination of 3 random words.
| Utility |
Supply Type |
| Electric |
Mains Supply |
| Gas |
None |
| Water |
Mains Supply |
| Sewerage |
None |
| Broadband |
None |
| Telephone |
None |
| Other Items |
Description |
| Heating |
Gas Central Heating |
| Garden/Outside Space |
No |
| Parking |
No |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
19 Mbps |
1 Mbps |
| Superfast |
80 Mbps |
20 Mbps |
| Ultrafast |
1000 Mbps |
100 Mbps |
| Mobile Coverage |
Indoor Voice |
Indoor Data |
Outdoor Voice |
Outdoor Data |
| EE |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
| Three |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
| O2 |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
| Vodafone |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Broadband and Mobile coverage information supplied by Ofcom.
