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Restaurant to rent

Hoe Street, London

£1,700 pcm

Property Description

Letting information:

Furnishing: Unfurnished

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

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: £75,000
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.



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