Wanstead Bar Restaurant, London, E11 2SW

Description
A unique opportunity to secure a restaurant is the highly prized and hugely popular Wanstead Village. This micro-ecosystem within E11 is considered as a very desirable location to live, that's within close proximity to Wanstead and Snaresbrook Stations and it's situated on main retail thoroughfare.

Local occupiers and points of interest include the Christchurch Park, M&S Food, Majestic, The Bull, Gails, Bobo & Wild, The George and The Dragion, Luppolo, Alba Trattoria, George Green, Wanstead Park, SCRAN. There is also an incredibly popular weekend market along the high street.

(Our marketing includes photography of the local area, neighbouring occupiers as well as non-descript photos of restaurants for indicative purposes only. These should not be taken as a reflection of the existing property, its condition, fixtures and fittings or layout.)

Sizes have been estimated and are for indicative purposes only.

Lease
An assignment of the leasehold interest expiring 2028. The lease is contracted INSIDE the Landlord and Tenant Act.

Premium
Guiding £50,000 for the benefit of the existing lease.

Costings
Premises Rent: £31,000 per annum exclusive.
S/C - No on account service charge.
Rates: £12,974 per annum

Commute
Wanstead - 3 mins
Snaresbrook - 8 mins

VAT
This building is elected for VAT.

Further Information
EPC & other reports are available upon request.

Viewings
Staff are unaware. Viewings can be arranged directly with LDG.

Use
Currently trading as a bar / restaurant which falls under Class-e. Alternative uses may be suitable too.

Photography
Our marketing includes photography of the local area, neighbouring occupiers as well as non-descript photos of restaurants for indicative purposes only. These should not be taken as a reflection of the existing property, its condition, fixtures and fittings or layout.