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For SalePOA
OR
For Rent£52,000.00 Per Annum

Large A3 restaurant lease for sale in the popular area of Ilford

General Retail, Retail - High Street, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Retail
Property type: General Retail, Retail - High Street, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Restaurant/Cafes, Retail
Tenure: Assignment, Business for sale, To Let
Price: POA
Rent: £52,000.00 Per Annum
Location: High Road, Ilford, IG1 1LR
Garrison Property are delighted to offer this large A3 restaurant lease for sale in the popular area of Ilford. The restaurant is currently trading as a Indian buffet restaurant who specialise in Asian food with a huge selection of desserts. There is seating for approximately 140 covers and this is a great opportunity for someone put their own stamp on this already established restaurant. The restaurant also has a good established takeaway business and derives an income from both Just Eat and Hungry House.

The unit has recently been refurbished to a very high standard at a great cost. The price includes many new items of equipment and all fixtures and fittings. Due to the design of this restaurant it would suit any kind cuisine.

The restaurant is located on the highly popular Ilford High Road in Ilford town centre. The surrounding area is made up of commercial premises, with a very busy shopping centre in close proximity and is also highly populated residential location, meaning the shop will attract a great deal of passing trade. Ilford train station will be on the new Crossrail line and is located within walking distance of the unit and there are a number of bus routes that service the area. The A406 (North Circular Road) is the main road close to the premises which links to the M25, M11, A12 and A13.

Rent: £52,000 per annum (Rent reviews every 3 years with next one due in roughly 1 year)
Premium: Price on Application
Lease: 8 years (Open)
Rates: £25,000 per annum
Trading: Monday – Sunday 12PM to 11:30 PM
Takings: We understand the takings to be in the region of £10,000 per week

Size: TBC

Please ensure you contact Garrison Property today as this restaurant is located in a highly prominent location and we expect it to be very popular.

Disclaimer

Garrison Property endeavours to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy. Whilst every effort has been made to ensure accuracy this cannot be guaranteed.
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