Restaurant for sale

High Road Leytonstone, London, E11

1,850 sq. ft. | £190,000

Property Description

Commercial information

  • Business for sale
  • 1,850 sq ft (171 sq m)
  • Use class orders: A3 Restaurants and Cafes and A5 Hot Food Take away

Key features

  • Premium 190.000
  • Uses A3/A5
  • The property is held by a Full Repairing and Insuring Lease with an unexpired term of approximately 9 years. The lease is subject to 5 yearly rent reviews
  • Rental 20,000 per annum
  • Opening Hours Open 11:00 a.m till late 7 day a week
  • Size Approximately 1850 sq ft including basement
  • Own managed with 11 staff

Full description

Tenure: Leasehold

LOCATION: The premises are prominently located on High Road and this is a great opportunity to acquire a highly visible and prominent Pepe's Piri Piri franchise in Leytonstone within walking distance Leytonstone Over Ground Station and easy access to transport links and A40 motorway

DESCRIPTION: Single fronted premises with basement and all newly fitted we understand approximately 7 months ago, Hardwood flooring, counter, 2 computers for ordering till system with printer, CCTV system, disable WC, 28 covers, open plan kitchen area with Pressure Fryer, HCW5 Display, chicken pressure cooker, double deep fat fryer , combi Oven 6 Grill, Chip Dumper, Breading Table, Bun Warmer, 3 Burner Archway Grill, 2 door fridges, Speed pack table with insulated drawers, Walk-in Fridge and 2 freezer in basement

USES: A3/A5

TERMS: The property is held by a Full Repairing and Insuring Lease with an unexpired term of approximately 9 years. The lease is subject to 5 yearly rent reviews

RENTAL: 20,000 per annum

PREMIUM: 190,000 for the benefit of the lease, fixture & fittings

BUSINESS RATES: We have been advised by the client that the current rates payable are 2,500 via small business relief. However, all interested parties are encouraged to make their own enquiries with Borough of Waltham Forest.

OPENING HOURS: Open 11:00 a.m till late 7 day a week

SIZE: Approximately 1850 sq ft including basement

STAFF: Own managed with 11 staff

TURNOVER: Weekly turnover in the excess of 7,000 per week

UTILITIES: All main services are connected.

LOCAL AUTHORITY: Waltham Forest

LEGAL COST: To be confirmed

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENTS NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only

Nearest stations

  • Leytonstone High Road (0.2 mi)
  • Leytonstone (0.5 mi)
  • Leyton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 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

  • Leytonstone High Road (0.2 mi)
  • Leytonstone (0.5 mi)
  • Leyton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 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 HighPiriPiri. 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 London Properties, Middlesex. 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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