Restaurant/cafe for sale in Main Road, Romford RM2, £165,000

165,000.00

Offer Nr.:
63748551
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Century 24 Ltd
Phone(s):
020 8115 7657

Century24 Ltd are delighted to market this great opportunity to acquire a
established Indian restaurant/take away with alcohol license A3/A5 licence on
Main Road, Gidea Park, Romford. Restaurant has been trading successfully for
the last 10 years.
***No approach whatsoever should be made to the owner of the premises***
Premises comprises of a good size seating area for 65 people, drinks bar,
grill, drinks fridge, fully equipped commercial kitchen. Separate staff and
customer toilets with large storage area at rear of restaurant. Restaurant has
air conditioning and heating system. This commercial unit is situated in an
excellent location, benefiting from good passing trade, and within popular
area of Romford with large Asian and European residential area. Main Road
offers free local parking.
Business Premium: £165, 000 includes fixtures and fittings
Rent: £25, 000 per annum
Deposit: Advance quarterly
Tenure: 12 Years open Lease
Uses: A3 Restaurant & Hot Food Takeaways
Business rates: £460 per month approximately (We do advise all interested
parties to make their own enquiries with the local authority)
Turnover: £8, 000 to £9, 000 per week sale
Century24 Ltd admin fee of 3% 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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