Restaurant/cafe to let in Victoria Road, Buckhurst Hill IG9

** restaurant business for sale ** - Established restaurant business for sale in Buckhurst Hill. The premises comprise a ground floor restaurant of approximately 625 sq ft (58.1 sq m) which consists of a seating area, food preparation area and kitchen. The premises currently benefit from 38 covers inside with an additional 8 covers outside, 3-phase electricity & gas supply, Fitted kitchen & food preparation area (a full list of fixtures & fittings is available on request), Alcohol licence, Air-conditioning and Toilet facilities. Please call Clarke Hillyer on for further information.

Location

Situated in Buckhurst Hill, Essex. Buckhurst Hill Underground Station is on the Central Line and provides a regular service into Central London and out to Epping. Access to the motorway network is via the M11 at Loughton or the M25 at Waltham Abbey.

Description

The premises comprise a ground floor restaurant of approximately 625 sq ft (58.1 sq m) which consists of a seating area, food preparation area and kitchen. The premises currently benefit from the following:
- 38 covers inside with an additional 8 covers outside
- 3-phase electricity & gas supply
- Fitted kitchen & food preparation area (a full list of fixtures & fittings is available on request)
- Alcohol licence
- Air-conditioning
- Toilet facilities

Terms

The premises are held on a 20 year lease from 2018, subject to 5 yearly rent reviews, and the current passing rent is £22,500 per annum. The outgoing tenant is seeking a premium for goodwill, fixtures, fittings and equipment. Premium on application.

Business Rates

Epping Forest District Council have informed us of the following:
2023 Rateable Value: £21,500
2024/25 ubr: 0.499 P/£
2024/25 Rates Payable: £10,728.50
Interested parties are advised to ascertain current rate liability with the Local Authority.

Legal Costs

To be covered by the ingoing tenant.

Viewings

The premises are available on a confidential basis and therefore all viewings must be accompanied. Please call Clarke Hillyer on to arrange a viewing.

Epc

The premises have an Energy Performance Certificate rating of B.