Restaurant/cafe for sale in Station Lane, Hornchurch RM12

Just added
Offers in region of £65,000 (£65/sq. ft)
Interested in this property? Call +44 20 8033 3631 * or Request Details

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Restaurant/cafe for sale

From 1,000 - 1,110 sq. ft*

Property features

  • High Street Location
  • Customer Presence
  • 1 Bedroom Flat
  • Long Term Established Business

Property description

Arii Property Group calls out all business & restaurant owners. We bring to the market this successful Indian restaurant in the heart of Hornchurch High Street.

The business has been a family run Indian restaurant which has been operating over 10 years. The business has built an established platform of customer base and presence by becoming a real gem in the area and to its community. With a vintage look, the premise comprises a grand bar, customer toilets, kitchen area, restaurant seating area of an impressive 60 people.

The business also benefits with a 1 bedroom flat with shared parking at the rear.

Located on a busy parade of shops and businesses, there is easy access to parking facilities for Indian restaurant around the area allowing loading/deliveries or staff to park with ease in the bustling area of Hornchurch.

The fully licensed restaurant currently holds an A3/A4/A5 license (For the sale of food and drink for consumption on the premises) and a late alcohol licence allowing alcohol to be sold.

While Hornchurch train station is a short bus ride, the business is close to all amenities.

To consider:

Rent - £25,000 pa (Per annum)
Premium - £65,000 for the benefit of the lease and all fixtures and fittings.
Business Turnover- Enquire via office
Usage - A3/A4/A5 License
Lease - 15 year new lease provided (open lease)
Business Rates - tbc - interested parties are also advised to make their own enquiries to the local authority.


Deposit


*Interesting parties will be required to pay a non-refundable deposit to the marketing agent. The deposit will be set off against the agreed purchase price on completion of a sale. In the unlikely event that the vendor withdraws from a sale, deposits will be repaid in full.
However, in the event that a purchaser reneges on the agreed terms and conditions of a sale and purchase, the deposit/s will be forfeited

Please contact us to arrange a viewing.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Arii Property Group, IG11 on +44 20 8033 3631 * (local rate)

Contact Arii Property Group about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Arii Property Group, and do not constitute property particulars. Please contact Arii Property Group for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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