For sale | Studio Bed Restaurant Rainham Road South Dagenham - remax.co.uk

For sale - Studio Bedrooms Restaurant
Asking price £795,000 pcm Freehold (£183,462 pw) Unfurnished - Fees Apply

Rainham Road South, Dagenham, Essex, RM10

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Summary


Studio Bedrooms 1 Bathrooms 0 Receptions 0.00 sqm / 0 sqft Property ID: 10612
    Good transport links, Large loading access, External 40ft storage container, 24 hour access, Wifi included

Description


We, The Re/Max Star delighted to present this property is currently structured as a One Owner-Occupier (Free Hold A3 Licence, Alcohol and Late night Licence) Commercial and Residential unit with the Business running on the ground floor and a flat of Six Bedrooms on the Top with a Separate Kitchen two Baths & Shower.

With over 2000 Square feet of space, you have the potential to convert this property into multiple residential units subject to planning permission. Alternatively, you can continue to run the business with takings of over £140,000.00 Per annul from the Restaurant business along with £52000 to 54000 from the Flat of Six rooms.

Business:

The Subject Business is Trading as a successful takeaway Restaurant and Cafe with a strong consistent local customer base. The business also derives a good income with takings of over £10,000.00 PM along with an additional income of renting the 6 Bedrooms of Flat on the First Floor.

Premises:

The Property (Mixture of Commercial as well as Residential Flat of Six rooms with plenty of space for sitting) comprises one unit. The Spacious premises consist of over 2000ft across two levels, with ample outdoor space for taking in Deliveries. All of the appliances will remain in the property for the convenience of the buyer.

Location:

This Cafe and Restaurant located on the extremely busy Rainham Road South of Dagenham about 0.5 miles from Dagenham East Under Ground Station. The property is exposed to its maximum potential with tens & thousands of people walking by daily, School is just down the road, you have exposure to very 2000 students each weekday alone. Being a central location, surrounded by Schools, industrial and commercial places, pubs, public transport, parking space, Football ground, a Gold Gym, a hospital & heaps of local amenities you are conveniently placed for traveling as well as for bringing in business.

Commercial Information:

The property consists of ground floor Cafe & Restaurant with large working Space, Display Unit Sitting place out for about 20 Customers along with an inner Sitting place of more than 30 Customers and a Spacious floor and musician space for entertainment of the customers, A Bar, and Office space. Toilets and Refreshment space for the Customers along with Disable handicapped customer's toilets available.

On the back of the Restaurant, there is big storage for deliveries. On the first floor Big Open Space for sitting/Party available. Six Bed Flat with its own Kitchen and two toilets with bath and shower. The Flat has its own Exit-way from the Rear of the Restaurant.

Key Features:

-*- Substantial Commercial Space with Kitchen.

-*- Space of sitting for more than 50 customers.

-*- Bar and Entertainment place

-*- Office at the back and Bar Counter.

-*- Three Toilets with the Restaurant at the back with the facility for disabled customers.

-*- Delivery Storage place with vaults.

-*- Ground Floor Flat with two bedrooms, open plan kitchen bath/shower, and WC.

-*- Open space for sitting/parties for more than 30 people on the top of the Restaurant.

-*- Six Rooms on First and 2nd Floor with two Baths/shower & WC with its own Kitchen.

-*- Exceptional location along a busy road.

-*- 3-5% Yield at asking price.

-*- Weekly income from Restaurant is £2500.00 and £52000 to 54000 income from the Six bedrooms of the flat, annually.

Tenure:

The property will be sold the freehold. 

Please call Re/Max Star in order to arrange a viewing.

Notice:

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigations into the working order of these items. All measurements are approximate and photographs provided for guidance only.


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Contact agent


Syed Abbas

Map & Nearby

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Schools nearby

Eastbrook Comprehensive School

Secondary

Distance: 0.21 miles

Hunters Hall Primary School

Primary

Distance: 0.25 miles

Richard Alibon Primary School with ARP for Cognitive and Learning Difficulties : SEN Base

Primary

Distance: 0.40 miles

William Bellamy Primary School

Primary

Distance: 0.62 miles

Five Elms Primary School

Primary

Distance: 0.66 miles

St Joseph's Catholic Primary School

Primary

Distance: 0.66 miles

John Perry Primary School

Primary

Distance: 0.79 miles

Parsloes Primary School

Primary

Distance: 0.80 miles

William Ford CofE Primary School

Primary

Distance: 0.88 miles

Village Infants' School

Primary

Distance: 0.88 miles

All Saints Catholic School and Technology College

Secondary

Distance: 0.89 miles

Barking and Dagenham College

College

Distance: 0.94 miles

Robert Clack School

Secondary

Distance: 0.96 miles

Grafton Primary School

Primary

Distance: 0.97 miles

Southwood Primary School

Primary

Distance: 1.04 miles

The Leys Primary School

Primary

Distance: 1.11 miles

Dagenham Park CofE School

Secondary

Distance: 1.13 miles

Thomas Arnold Primary School

Primary

Distance: 1.13 miles

The Sydney Russell School

Secondary

Distance: 1.14 miles

Rush Green Primary School

Primary

Distance: 1.15 miles

Godwin Primary School

Primary

Distance: 1.23 miles

Valence Primary School

Primary

Distance: 1.26 miles

Marsh Green Primary School

Primary

Distance: 1.39 miles

Roding Primary School

Primary

Distance: 1.41 miles

St Peter's Catholic Primary School

Primary

Distance: 1.44 miles

The St Teresa Catholic Primary School

Primary

Distance: 1.47 miles

St Edward's Church of England School & Sixth Form College

Secondary

Distance: 1.52 miles

Henry Green Primary School

Primary

Distance: 1.55 miles

Beam Primary School

Primary

Distance: 1.57 miles

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TRANSPORT nearby

Beacontree Heath, Dagenham Road (RM10) (S-bound)

Bus

Distance: 0.05 miles

Beacontree Heath, Oxlow Lane (RM10) (N-bound)

Bus

Distance: 0.06 miles

Beacontree Heath, Rainham Road North (RM10) (W-bound)

Bus

Distance: 0.09 miles

Beacontree Heath, Rainham Road North (RM10) (E-bound)

Bus

Distance: 0.11 miles

Beacontree Heath, Eastbrook School (RM10) (W-bound)

Bus

Distance: 0.17 miles

Dagenham, Victoria Rd Rainham Rd South (Stop R)

Bus

Distance: 0.19 miles

Dagenham East Underground Station

Tube

Distance: 0.48 miles

Dagenham Heathway Underground Station

Tube

Distance: 0.82 miles

Dagenham, Becontree Underground Station

Tube

Distance: 1.60 miles

Elm Park Underground Station

Tube

Distance: 1.63 miles

Dagenham Dock Rail Station

Train

Distance: 1.78 miles

Chadwell Heath Rail Station

Train

Distance: 1.83 miles

Romford Rail Station

Train

Distance: 1.96 miles

Street View

Energy Efficiency


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

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