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Restaurant for sale

Barking Road, East Ham

£200,000

Property Description

Key features

  • Luxurious newly refurbished restaurant lease for sale in East Ham
  • Currently trading as a Turkish Grill and has space for 100 covers
  • Beautifully decorated with brand new fixtures and fittings
  • Restaurant derives an income from Just Eat & Hungry Horse & has a 4.5 star rating on Trip Advisor
  • Unique opportunity for someone to acquire a fantastic business in a busy High Street location
  • Corner plot location on the vibrant Barking Road in East Ham

Full description

Tenure: Leasehold

Garrison Property are extremely delighted to offer this luxurious newly refurbished restaurant lease for sale in East Ham. The restaurant is currently trading as a Turkish Grill and has space for 100 covers. The restaurant is beautifully decorated with brand new fixtures and fittings, with 2 kitchens, male, female and disabled toilets.

As well as catering for 100 covers the restaurant also derives an income from Just Eat and Hungry House and can boast a 4.5 star rating on Trip Advisor. This is a unique opportunity for someone to acquire a fantastic business in a busy High Street location. Please do not miss out on this and make sure you contact Garrison Property today to arrange a viewing.

The restaurant enjoys a corner plot location on the vibrant Barking Road in East Ham. It is located next door to the local mosque and a brand-new trampoline centre is opening a few doors away. This is the ideal location for a restaurant as it will attract a good passing trade to go alongside the takeaway business. Barking Road is an extremely busy road in East London, the business is surrounded by a large number of residential dwellings along with independent retailers and national chains. The closest underground station is Upton Park (District Line and Hammersmith & City Line) with numerous bus routes also servicing the area.

Rent: £47,000 per annum
Premium: £200,000
Lease: 20 years
Rent review: Every 5 years
Size: 1,620 sq ft (Approx)
Takings: £13K - £15K per week (Approx)
Rates: TBA

*Please note that there may be an option to rent this property only. Please contact us for more information on this option.


Disclaimer

Garrison Property endeavors to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy.Whilst every effort has been made to ensure accuracy this cannot be guaranteed.




Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


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