Restaurants for sale in Stratford

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London properties are pleased to offer to the market this double unit retails unit currently trading as well-established restaurant located on the busy Leytonstone Road in Stratford

Stratford, London, England

  • Leasehold Price: £28,000
Seller Reference: Leytonstone_Road_E15
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Business Description
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Seller Reference: Leytonstone_Road_E15
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Business Description

LOCATION: The unit is centrally located on the busy Leytonstone in Strafford & situated close to Maryland and Stratford stations these on the Jubilee, Central, DLR, National rail services and Overground lines all within a few minutes’ walk

DESCRIPTION: Large A3 license unit, which comprises of a large seating area accommodating approximately 50. This commercial unit is situated in an excellent location, benefiting from good passing trade, and within close proximity of the popular Westfield Stratford City shopping Centre. Can also be split into two separate shops also the unit is split over the ground and lower ground floors.


PREMIUM: £99,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill

RENTAL: £28,000 per annum

TERMS: 6-year lease remaining, renewable

BUSINESS RATES: Nil. From information obtained from the Valuation Office Agency website

SIZE: Approximately 3000 sq ft

OPENING HOURS: Open 7 days a week from 11:00 a.m till 11:00 p.m

STAFF: Owner managed with 3 staff and 1 part time staff

TURNOVER: We are advised that the yearly turnover is approximately £260,000 per annum

LEGAL COST: Each party to be responsible for their own legal costs

LOCAL AUTHORITY: London Borough of Newham

COVERS: Approximately 45/50 covers

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is nonrefundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity

and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Internal viewings are highly recommended through London Properties by appointment only.

Location Details:
Leytonstone Road, Stratford, London, E15 1LH
Listed by:
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