Longbridge Road, Barking, London, IG11

This rare chance to acquire one of Barking's most versatile hospitality venues-My Place Lounge. This established, multi-income business combines a licensed restaurant, shisha lounge, fully stocked bar, and nightclub in one prime high-footfall location, plus the bonus of a self-contained one-bedroom apartment.
With four revenue streams under one roof, the property is a ready-made investment that can generate returns from day one. Positioned on busy Longbridge Road, it attracts steady trade throughout the week, with late-night peaks on weekends. Private parking for 20 vehicles at the rear makes it a stand-out destination venue in East London.

Business Highlights:
* 14 Years Remaining on Renewable Lease
* Multiple revenue streams: shisha lounge, restaurant, bar, nightclub
* Self-contained one-bedroom apartment included
* Parking for 20 vehicles at the rear
* Consistent turnover of £40,000/month (provable)
* £50,000 worth of fully owned assets
* £23,000 stock included in sale
* Experienced team of 10 staff
* Fully licensed for alcohol, late-night refreshment, and entertainment.

Menu Offering:
* Freshly prepared hot food menu
* Cocktails, spirits, beers, wines
* Premium shisha selection with popular flavours
* Live DJ events and themed entertainment nights

Key Financials:
* Turnover: £40,000/month (provable)
* Rent: £24,000/year
* Business Rates: £6,700/year
* Utilities: Electric £400/month | Gas £100/month | Telephone £76/month
* Wages: £15,000/month (10 staff)
* Stock Value: £12,000 (dry) + £11,000 (fresh)
* Assets: £50,000

Included Equipment:
* Commercial kitchen with ovens, grills, fryers, and prep stations
* Walk-in and under-counter refrigeration and freezers
* Professional shisha equipment
* Fully equipped bar with coolers and dispensers
* Sound, lighting, and DJ booth setup
* Lounge furniture, tables, and chairs
* EPOS system and telephone ordering line.

Lease & Legal:
* Tenure: Leasehold, 14 years remaining
* Renewable lease with flexible terms
* All licences in place (alcohol, late-night refreshment, entertainment)
* Fully compliant with health, safety, and licensing regulations.

Growth Potential:
* Expand shisha menu and introduce VIP experiences
* Increase number of ticketed events and private hire bookings
* Introduce delivery services via Just Eat, Uber Eats, Deliveroo
* Let apartment as short-term rental for additional income.

Reason for Sale:
Current owner is focusing on other ventures and is seeking a buyer who can continue to grow and diversify this high-potential business.

Enquire Now:
For viewings or further details, contact Kingsley Fox Today.
Opportunities like this don't come around often, act quickly to secure this proven, multi-use hospitality venue in East London's most sought-after locations- Barking Essex, Ig11.