Restaurant for sale

Thai Basil, 62 High Street Wanstead, London, E11 2RJ

Under Offer Offers Invited

Property Description

Commercial information

  • Business for sale

Key features

  • Two trading floors
  • Full catering kitchen
  • Modern fit out
  • Further trade potential with delivery service
  • Heart of Wanstead High Street
  • Vacant possesion offered. Energy Rating D

Full description

Tenure: Leasehold

Description

This modern high street restaurant is prominently located fronting the High Street and has good levels of footfall with the benefit of being close to the Central Line underground station. The trading areas are on two floors and the first floor is currently unused so there is further income potential to be gained from it's use and also the creation of a delivery service.

Location

Situated in the heart of Wanstead on the High Street. this suburban area of north-east London offers excellent transport links with the nearby Wanstead Underground station being on the Central Line. The main high street shopping parade also has car parking nearby.

Ground Floor

Main trading area with a bar servery and a reception seating area. The main restaurant provides circa 35 covers with stairs rising to the first floor.
Catering kitchen, with dumb waiter to first floor. Dry store and freezer room.

Other Floors

First floor: currently unused but could create a further 30 covers with a bar server. Ladies and gents toilets and storage room.

Fixtures & Fittings

We are advised all trade fixtures and fittings at present in the property are included within the sale, with the exception of one or two items which may be subject to lease or hire purchase agreements.

The Opportunity

This is a great opportunity to have a modern high street restaurant with great further trade potential by opening the upper floors for general dining and can also be used for special functions. There is also the added potential for growth with the addition of a delivery service to this highly populated area.

Staff

The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) Regulations. Prospective purchasers should complete their own enquiries and due diligence to satisfy themselves as to the rights, contracts and obligations that may run with the Property and business, and also the registrations, licences, permits and certificates required to trade.

Trading Information

No trading information is given.

Trading Hours

Monday Closed

Tuesday to Thursday
5:30pm –10:30pm

Friday to Saturday
5:30pm – 11:00pm

Sunday
12noon – 10:30pm

Business Rates

The rateable value for April 2017 is £16,500

Regulatory

Premises Licence


More information from this agent

Nearest stations

  • Wanstead (0.1 mi)
  • Snaresbrook (0.4 mi)
  • Redbridge (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wanstead (0.1 mi)
  • Snaresbrook (0.4 mi)
  • Redbridge (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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