£2,666 pcm
Old Church Road, London, E4
- 0 beds
£2,666 pcm
- 0 beds
We’re with you from start to finish
- You book a viewing
- We get you a mortgage
- We sort out the legal work
We’re with you from start to finish
- You book a viewing
- We get you a mortgage
- We sort out the legal work
* Turnover: £15,000+ per week (70% dine-in / 30% takeaway)
* Rent: £32,000 per annum
* Premium: £150,000
* Rates: £3,443 per annum
* Lease: New 15 years Full Repairing & Insuring lease
* Licences: A3, A5 & Alcohol Licence until 11:00 PM
* Premises Size: Approximately 2,400 sq. ft.
* Seating Capacity: 70 internal covers + forecourt seating up to 20 covers
Clients pay their own legal fees.
This fully staff-run Restaurant and Cocktail Lounge operates from a spacious 2,400 sq. ft. high street premises that underwent a complete refurbishment in May 2021. The renovation was extensive, including the installation of two brand-new, fully fitted kitchens, upgraded flooring, electrics, ceiling, seating, and d?cor, as well as a fully equipped bar.
The business generates a healthy weekly turnover of £15,000, with 70% of revenue coming from dine-in customers and 30% from takeaway orders with only late afternoon - 11pm opening hours.
Despite its strong performance, there is significant potential for growth under a more hands-on owner-operator, as the current vendor does not work directly in the business.
The premises are immaculately maintained and fitted with high-quality furnishings throughout.
Key features include:
* Internal Seating: 70 covers across a tastefully decorated dining area
* Forecourt Seating: Space for 20 alfresco dining covers
* Bar: Fully equipped bar area
* Display Kitchen: Open-plan kitchen with extractor canopy and full induction system, allowing guests to view food preparation
* Waiter Station: Includes a till system for efficient service
* Storage: Ample storage facilities throughout the premises
* Toilets: Separate male and female restrooms
Additionally, the rear of the premises features:
* Second Fully Fitted Kitchen: Equipped with a separate extractor canopy and full induction system
* Storage Area: Outdoor storage with secure gated access
* Parking: Dedicated parking space for the owner
Deposit: £8,000
Please note
While we endeavour to make our advertisement accurate and reliable, clients are advised to use the information given including measurements for guidance purposes only. Home connect estates do not test any appliances or guarantee efficiency. This advertisement is issued in good faith but does not constitute representations of fact or form part of any offer or contract. The matters referred to in this advertisement should be independently verified by prospective clients.
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