242 Hoe Street, London, E17

Restaurant/Takeaway Lease For Sale. Rent payable: £33,000 per annum, payable quarterly. VAT free. Refurbished in 2024. Parking space. Air conditioning.

The property is located in the Centre of Walthamstow in this fast improving residential and business location. The property is less than a 2 minutes' walk to Walthamstow Central Underground and Main Line Station. All Town Centre amenities are readily and easily accessible, including Walthamstow Street Market which operates Tuesday to Saturday. Hoe Street contains a number of multiples as well as a strong collection of independent businesses.

The premises forms part of a larger building arranged exclusively over ground floor behind a glazed frontage with access to a rear yard.

The premises has a rateable value of £30,250. Qualifying businesses will get a discount under the Retail, Hospitality and Leisure Relief Scheme. Interested parties should contact the London Borough of Waltham Forest for more information.

The seller is assigning their Full Repairing and Insuring Lease, which has approximately 12 years left unexpired. The lease is Outside of the Security of Tenure Provisions of Part 2 of the Landlord and Tenant Act 1954 (as amended).

Floor Area: Ground Restaurant - 1100 sq ft 102.9 sq m

Premium: The seller requires a premium of £50,000 for the benefit of the lease and goodwill.