Guide Price £1,375 pcm +Info Let STC
  • 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 £16,500

The current lease is valid until 2027 with a guaranteed option for renewal.

In addition to the rent, there is a one-time premium of £75,000 (Negotiable) required to secure the extensive inventory of fixtures and fittings.

Deposit: £4,125.00

Minimum Tenancy : 12 months

All photographs are provided for guidance only.

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