Restaurant/cafe for sale in Barking Road, London E6
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Property description
Located in the heart of East Ham, London, this long-established Pakistani/Indian restaurant has been serving the community for the past several years.
The heart of this establishment lies within its prime location. Just a few minutes walk away from Eastham station, on the main road, we soak in the bustling energy and footfall the area offers. Our advantage in the market is amplified by the absence of any substantial competition locally.
An offer of £200,000 is expected for the leasehold. Seeing a current turnover of around £410,000, we are open to discussing the nearest offers. The deal includes all fixtures and fittings currently in place, taking care of most requirements a restaurant entails.
Notably, our business has been growing steadily over the previous year. Our decision to incorporate Indian cuisine into our menu has resulted in a significant increase in both our turnover and trade numbers.
The restaurant operates seven days a week from 8 am to 12 pm. We offer breakfast services starting from 8 am until 4 pm, subsequently transitioning to our evening menu from 4 pm to 10 pm.
Currently, our staff includes a manager, two waiters, and two chefs. Our presence on food delivery platforms - UberEats, Justeat, and Deliveroo - is robust and brings in a considerable portion of our trade.
For the convenience of the new owners, we are also offering training to ensure a smooth transition. Further growth and expansion could be attained by utilising the already present license for shisha.
For more detailed and complete information regarding this unique business opportunity, please feel free to contact us
Premium 200k
Lease 14 years
Rent 28000
Rent Review - 3 year
Around 30 seats and can be extended
Basement
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Property Spot Services, IG3 on +44 20 7768 1326 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property Spot Services, and do not constitute property particulars. Please contact Property Spot Services 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.