Commercial property for sale in Ley Street, Ilford IG1

£8,000
Commercial property for sale 2
Interested in this property? Call +44 20 3463 2540 * or Request Details

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Property features

  • Running Business Large Restaurant for sale located on busy spot of Ley Street in Ilford 10-minute walk away from Ilford Train Station
  • Seating Area 170 – 200 with Buffett and Catering Services - Parking for 16 Cars on the side
  • Ideal for Small family gathering and social events, Weddings, Birthdays etc
  • New Fri Flexible Lease available (5 or 10 Years) A3 License for Restaurant
  • Premium £225k (negotiable) for all the machinery, Fixtures, Fittings Goodwill Monthly --- Rent £8000 +VAT per month
  • Weekly Sale (10k -12K) potential increase business via takeaway and delivery services
  • Kitchen area and Extra Storage Rooms at rear for storage: --- Labenese section added recently due to which sale has gone up
  • Access from car park for deliveries - Wash Basin & WC for customers
  • Ideal for Investors and those looking for a running business
  • Very profitable business Selling due to health reasons

Property description


Property Links presents this Running Business Large Restaurant (170 – 200 seating area) with Buffett and Catering Services new Fri Flexible Lease available (5 or 10 Years) With A3 License It is ideally located on busy part of Ley Street in Ilford. Premium required £225k (negotiable) for all the machinery, Fixtures and Fittings, Monthly rent £8000.00 +VAT. Large kitchen area and extra rooms at rear for storage and Prayers. It is a very profitable business; the current owners are selling due to health reasons. The premises Caters for Small family gathering and social events, Weddings, Birthdays etc. There are parking spaces for 16 cars and for more there is public parking spaces just opposite on Ley Street.

Potential: Business Sale can be further increased by adding takeaway and delivery services

Tenure

Leasehold: Premium – £225000.00 Includes Shop fittings, Fixtures, Freezers and all other machines, Furniture and goodwill

Rent £8000.00 +VAT per Month

Each party pays their own legal costs for drafting the lease contract

Fees Apply.

For more information and Viewings: Contact Property Link Ilford office.

Viewings: Strictly by appointment.

Disclaimer

Property Link endeavour to maintain accurate depictions of properties marketed, Floor Plans and descriptions, however, these are intended only as a guide and purchasers and Tenants must satisfy themselves by personal inspection and by other means.

Property info

Floorplan(s): Ground Floor

Ground Floor View original

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For more information about this property, please contact
Property Link, IG1 on +44 20 3463 2540 * (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 Property Link, and do not constitute property particulars. Please contact Property Link 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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