Property description

This is a great opportunity to acquire a very well established A3/A5 licensed restaurant. High Road Ilford has a high footfall and many commercial units within the parade. The restaurant has been a long running business for over 20 years, which has been refurbished internally and external to a high standard. The restaurant benefits from a spacious seating area, spacious alcohol counter, a DJ booth and separate male/female toilets. Parking is also available in a nearby car park with two hours free.

Our client is offering a brand new lease on flexible terms, for a fully licensed restaurant to let.

The restaurant is located within a busy parade of shops, close to the Ilford Exchange shopping Centre and Ilford police station. Good transport links and within easy access to A12,A13,A4O6 and M11, which connects to the M25. Ilford and Seven Kings Station (British Rail), within a short walk.

Accommodation

Total accommodation size: 2265 sq ft approx.

Lease Term/Commencement

Our client wishes to assign a brand new lease of 20 years on flexible terms.

Rent reviews every 5 years.

Business rates

All parties are encouraged to make their own enquiries with the London Borough Redbridge.

Asking Price

£100,000 Premium

£45,000 Rent

Legal Fees/Cost

Each party are to bear their own legal costs.

Viewings

By prior appointment through Sole selling agents Ranson UK LTD.

Email: enquiries@ranson.co.uk

Tel: 0207 538 4057

Ranson UK Limited their clients and any joint agents give notice that:

1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise,

Property Features :

• BRAND NEW FRI LEASE
• EXECLLENT TURNOVER
• HIGH FOOTFALL LOCATION
• GOOD TRANSPORT LINKS (ILFORD AND SEVEN KINGS STATION 15 MINUTES TO LIVERPOOL STREET)
• 100 SEATER RESTUARANT