Restaurant for sale

Hoe Street, London

£79,000

Property Description

Key features

  • A3 lease for sale on the popular Hoe Street in Walthamstow
  • Property also comes with a 1 bedroom flat that achieves a monthly rental of 1,150 per month
  • Grill and pizza restaurant/takeaway
  • Undergone a complete refurbishment at a cost of 65,000
  • Licence to trade until 5AM
  • Close to the famous Walthamstow market and numerous bus routes service the area

Full description

Tenure: Leasehold

Garrison Property are delighted to offer this A3 lease for sale on the popular Hoe Street in Walthamstow. The property also comes with a 1 bedroom flat that achieves a monthly rental of £1,150 per month which equates to a yearly income of £13,800 per annum. This effectively means that you will only be paying a nominal rent on the restaurant.

The property is currently trading as a successful grill and pizza restaurant/takeaway and has recently undergone a complete refurbishment at a cost of £65,000. The only reason the owner is reluctantly selling the lease is due to relocation.

The restaurant benefits from having a licence to trade until 5AM and has a pizza oven, a chargrill, a steamer, cold room, WC and basement.
The property is located in Walthamstow on the busy Hoe Street.

The property is close to the famous Walthamstow market and numerous bus routes service the area and pass the property. Walthamstow Central train station is in close proximity with links to the city and West End.

Rent: £20,400 per annum
Premium: £79,000
Lease: 15 years (Open)
Rates: £120 per month
1 bedroom flat income: £1,150 PCM

Size restaurant: (Approx)

700 sq ft

Please ensure you call Garrison today to take advantage of this unique opportunity.


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.


Nearest stations

  • Walthamstow Central (0.4 mi)
  • Walthamstow Queens Road (0.5 mi)
  • St. James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 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

  • Walthamstow Central (0.4 mi)
  • Walthamstow Queens Road (0.5 mi)
  • St. James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 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.

Disclaimer - Property reference 329. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Garrison Property Limited, Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.