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Commercial Property for sale

Forest Road, Walthamstow, London

Offers in Excess of £55,000

Property Description

Key features

  • A3 Use
  • Leasehold For Sale
  • 9,000 Per Annum Rent
  • Rent Review Every 2 Years
  • 10 Years Left On Lease
  • Commercial Property
  • Main Road Location
  • Garden Area
  • 900 Business Rates Per Annum
  • 581 Sq Ft (54 Sq M)

Full description

Kings Group estate agents are proud to present this main road location commercial restaurant. The lease and business are being sold altogether. The restaurant currently earns £2500 - £3500 per week. The lease has currently 10 years left and earns £9,000 per annum and has a rent review every two years. Business rates currently cost £900 per annum. The property consists of a restaurant, take away and ice cream area to the front of the property. 12 - 16 seats can be occupied in this space. The front restaurant area is being sold with full appliances and is also fitted with security cameras for added peace of mind. The rear of the property consists of a kitchen, storage area, toilet and two rooms for staff use. All appliances in the kitchen and rear storage area are also being sold with the property. A rear garden area completes the property. The property is ideally located on a very busy section of forest road. Being established since 2004 the shop has gained great presence in the community and was awarded the best fish and chips in Walthamstow in 2015. Call today to avoid disappointment.

Front Shop - 7.214 x 4.130 (23'8" x 13'6") - Three Tables, twelve chairs, fully tiled flooring, tiled walls, fridge and freezer, four slush puppy machines and double glazed glass to front.

Behind Counter - Fully tiled flooring, microwave, two deep fat fryers, grill, steamer, two cooking machines (incl. one large), sink and cash till.

Kitchen - 1.957 x 1.764 (6'5" x 5'9") - Large sink and fridge freezer, shelves and tiled flooring.

Wc - Low level flush WC, tiled walls and tiled flooring.

Reception One - 6.343 x 4.683 (20'9" x 15'4") - Tiled flooring, brick walls, four fridge freezers, mincer for burgers and sink.

Reception Two - 4.686 x 2.680 (15'4" x 8'9") - Tables, four chairs and laminate flooring.

Courtyard Area - 3.898 x 2.196 (12'9" x 7'2") - Mainly Concrete.

Disclaimer - THE PROPERTY MISDESCRIPTIONS ACT 1991. The agent has not tested any apparatus, equipment, fixtures or services and so cannot verify that they are in working order, or fit for the purpose. References to the Tenure of a property are based on information supplied by the vendor. The agent has not had sight of the Title documents. A buyer is advised to obtain verification from their Solicitor or Surveyor.

More information from this agent

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Disclaimer - Property reference 26618969. The information displayed about this property comprises a property advertisement. 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 Kings Group, Walthamstow. 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.

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