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Restaurant/cafe for sale

£180,000 Guide price

Brentwood Road, Romford RM1

Restaurant/cafe for sale
Interested in this property? Call +44 20 8115 7657 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Century24 Ltd are delighted to market this great opportunity to acquire a established tradition fish and chips, keebab A3/A5 License business for sale with lease with two separate residential properties on first floor on Brentwood Road, Romford, RM1.

***No approach whatsoever should be made to the owner of the premises***

Premises comprises of a large industrial fridges, display cabinet, fish and chips fryers, donner machine, grill, pizza machine, pizza prep counter. This commercial unit is situated in an excellent location, benefiting from good passing trade, and within large residential area of Romford.

Business Premium: £180,000 includes fixtures and fittings
Rent: £35,000 per annum
Deposit: Advance quarterly
Tenure: Long renewable lease
Uses: A3/A5 Restaurant
Business rates: Tbc (We do advise all interested parties to make their own enquiries with the local authority)
Turnover: Poa

Flat 1 is a two bedroom flat let on AST
Flat 2 is a one bedroom flat let on AST
Both residential flats are generating income of £31,200 per annum
Business has a cash machine attached outside the shop and is generating £4,000 income per year

Property is generating £35,200 income per year from residential units and cash machine

Century24 Ltd admin fee of 5% of agreed business premium payable by in going assignee's.

Century24 Ltd highly advise early viewing to avoid disappointment.
For more information and to arrange viewing please call our Commercial Sales Department or leave us a email.

Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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For more information about this property, please contact
Century 24 Ltd, E10 on +44 20 8115 7657 * (local rate)

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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 Century 24 Ltd, and do not constitute property particulars. Please contact Century 24 Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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