Fully Electric Sushi Takeaway for Sale in Brick Lane, East London

  • Leasehold Price: £78,000
  • Annual Turnover: £260,000
Bethnal Green, London, England
Seller Ref:BRICK_LANE_TAKEAWAY
For Sale

Fully Electric Sushi Takeaway for Sale in Brick Lane, East London

Bethnal Green, London, England
Seller Ref:BRICK_LANE_TAKEAWAY
  • Leasehold Price: £78,000
  • Annual Turnover: £260,000

Overview

Seller Ref: BRICK_LANE_TAKEAWAY

Description

Sushi Takeaway for Sale in Brick Lane

MAIN FEATURES

Sublease Assignment
High Passing Trade
No Gas, Electric Only
Three Phase Electric Supply

LEASE DETAILS

Sublease
Ending July 2039 (Outside the LTA 1954)
Rent: £31,800 pax
Rent Review: 3 yearly
Next Rent Review: June 2025
Premium: 78,000 (Lease and FF&E)

LANDLORD’S REQUIREMENT (For Assignment)

3-6 Month’s Rent Deposit Required (subject to references)
Personal Guarantor may be required
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility

PREMISES

Takeaway Use
Extraction in Place
Rateable Value: 30,265 (Payable: Circa 15,000/annum)
Area: Total Circa 697 sq. ft
Ground Floor: 452 Sq. Ft (Retail & Kitchen)
Basement: 245 Sq. Ft (WC & Storage)
Benefits from Extraction & Gas Connection (Gas not used, only Electric Equipment)

THE LOCATION

Brick Lane, East London
5 Minutes from Spitalfields
Busy Street with High Passing Trade
Half a mile from Liverpool Street
Immediate units occupied by independent retailers

TRADING

Currently Trading as a Sushi Takeaway
Gross Turnover: Circa £5,000 (£260,000/annum) (As per the seller)
Staff: TBC

REASON FOR SALE

Other Business

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Leasehold Terms:
Sublease Ending July 2039 (Outside the LTA 1954) Rent: £31,800 pax Rent Review: 3 yearly Next Rent Review: June 2025
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/sushi-takeaway-for-sale-in-brick-lane/

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