Site & Assets Sale for Successful Restaurant in East London

Leyton, London
REF: R08009

Asking Price:
£90,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: R08009

Overview

Tenure:
Leasehold
Established:
2014
  • Spacious premises
  • Well-equipped premises
  • Equipment included
  • Recently refurbished premises
  • Low overhead costs

This is a site and assets sale for a successful restaurant in a fantastic location, in Leyton, East London.

Because this is an asset sale only, the existing business itself is not included in the sale. Instead, the buyer will be acquiring an exquisite restaurant venue, its lease transfer, and its accompanying equipment valued at £150,000, making this a purchase which comes with exceptional value for money.

The spacious premises are over 1,500 square ft and can cover over 50 customers at a time. It's worth noting, that there is no gas on the premises, everything is electric.

The restaurant has an ideal location in a residential area of East London, with high passing footfall, which should ensure a steady flow of custom from locals. There are also excellent transport links, nearby car parking, and other local businesses in the area.

All equipment, fixtures, and assets will be included in the business sale, meaning the new owner will be able to get to work straight away.

This would be the perfect opportunity for someone already operating in the sector, who is looking for successful restaurant premises in an ideal location.

Upon entry to the glass-fronted property, you will yourself in a long, narrow restaurant, which has a variety of different wooden tables organised against each wall. In the middle, there is a long bar to the left, with a serving counter and 2 x WC further back. At the rear end of the 1,500 sq ft premises, there is a storeroom. The restaurant is located in an ideal spot in Leyton, East London, and has a high rate of passing footfall.

All equipment, fixtures, and assets will be included in the business sale, including a Polar three-door fridge, a Polar single countertop freezer, a Monroc coffee machine, 5 stainless steel tables, 2 Williams two-door countertop fridges, a Williams two-door tall fridge, a Genfrost three-door saladette, a Lincat griddle, a Lincat double fryer, a Lincat 6 hob oven and cooker, a rotary toaster, 3 Hatco heat lamps, an Inomak two-door fridge, a Samsung microwave, a chest freezer, an ice machine, and a portable fryer.

This would be the ideal opportunity for someone already operating in the sector, who is looking for successful restaurant premises in a fantastic location.

There is huge potential for the new owner of these restaurant premises. Investing in advertising, expanding opening times, and getting an alcohol licence could all be great ways for the new owner to grow the business.

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  • Nearby car parking
  • Good transport links
  • Residential area
  • High footfall
  • Close to local businesses
  • High-street location
Rent
£25,000
Rates
£0
Lease Term
10
Lease Expiry
2024
Square Footage
150000
Accommodation Included
No
Premises Licence
A3
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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