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Restaurant/cafe to let

 Green Street, London E7
£29,950

Property Information

  • Available from 03 Aug 2020
  • Reference number 1e8185

Location

Green Street, London E7

Property description

Business for sale.

Premium: £90,000

location: The Premises is located on Green Street offering great curb appeal and with a Visible signage.

89 Green Street, Forest Gate, London, E7 8JF.

Description: We are very pleased to offer this stunning opportunity to invest in a successful running restaurant business; situated on Green Street, Forest Gate - E7. This restaurant is surrounded by other busy restaurants on this popular main road.

Key Features:
• American Themed diner.
• Newly refurbished restaurant (spent £220,000 into 2017).
• Spacious fully equipped restaurant (fitted with new kitchen worth £50,000+).
• 75 Seater restaurant over 2 floors with13 tables (Retro American diner booth seating).
• Three toilets.
• Property spread over three floors (storage in the loft).
• Floor Area: 1590 sqf Approx

Kitchen machinery:

Rational scc61e x 1, pitco sg14 x 2, blue seal g596ls x1, blue seal g504 x1, blue seal gp516 x1, alto shaam 5003d x1, genfrost gen3100h x1
genfrost gen4100l x1, genfrost gen1200h x1, genfrost gpz300 x1, genfrost gen100h x1, polar standing freezer x1, logik chest freezer x1
gantry food pass + extension x1, ninja blenders x2, kenwood blender x1, kenwood handheld food processors x2, kenwood microwave x1
linkat salamander x1, linkat bain maries x1

• They have received the highest hygiene rating (5 out of 5) from the food
standard agency.

• They have managed to gain very high reviews and followers across numerous
social media platforms (Google, Facebook, Instagram, Just Eat, UberEats)

• 2 / 3 full time employees.
• Opening hours 2:00pm to 11:00pm. (Currently not operating at this time)
• Weekly sale of £3000 - £4500 (delivery are not included).
• Deliveries sale £1500 - £2000 per week.
• Annual turnover - £250,000.
• Rent £30 000 annually.
• Rates £6,500 annually.
• Premium £90,000.00
• 14 years of lease available (renewable).
• Genuine reason for sale - due to poor health conditions.
• Available immediately.
• Viewing is highly recommended.

Uses: A3/A5

lease: Full repairing and insuring lease, with 15 years left, 5 yearly rent reviews.

Business rates: We have been advised that the current rateable value for the shop is £6,500p.a. We do advise all interested parties to make their own enquiries with the local authority.

Legal cost: To Be Confirmed

viewing: Strictly by prior appointment through cps.

If interested, please contact the seller through the form on this page.

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