For sale - Studio Bedrooms Restaurant
£380,000 pcm Leasehold (£87,692 pw) Unfurnished - Fees Apply

Ilford Lane, Ilford, Essex, IG1

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Summary


Studio Bedrooms 1 Bathrooms 0 Receptions 0.00 sqm / 0 sqft Property ID: 10983
    Good transport links, Air conditioning, Fully refurbished, Shower room

Description


We, The ReMax Star Office delighted to present this property is currently structured as a One Owner-Occupier (Free Hold A3 Licence,) Commercial and Residential unit with the Business running on the ground floor. With over 3000 Square feet of space, you can continue to run the business with takings of over £15000.00 Per week (i.e. £65000.00 PM) from the Restaurant business. Business: The Subject Business is Trading as a successful Restaurant and Cafe with a strong consistent local customer base. The business also derives a good income with takings of over £65,000.00 PM. Premises: The Property with plenty of space for sitting comprises one unit. The Spacious premises consist of over 3000 Sq. ft, 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 Ilford Lane, Ilford Essex, about 0.5 miles from Ilford British Rail Station and 0.6 miles from Barking 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 5000 students each weekday alone. Being a central location, surrounded by Schools, industrial and commercial places, the public transport, parking space, & 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 more than 170 Seating places for the Customers along with the outer Glass Sitting place of more than 60 Customers for smoking, Shesha, etc, and a Spacious floor and musician space for entertainment of the customers, An Office space. Toilets and Refreshment space for the Customers along with Prayer Room, Disable handicap customer's toilet available. On the back of the Restaurant, there is big storage for deliveries. Kitchen and workplace for the staff. About more than 13 Staff including 4 Chefs, one butcher, cleaners, attendants, Manager, etc. On the first floor Big Open Plan subject to planning permission Space for sitting/Party available. Key Features: -*- Substantial Commercial Space with Kitchen. -*- Space of sitting for more than 100 customers. -*- Shesha and Entertainment place -*- Office at the back. -*- Prayer Rooms for both Ladies and Gents, Toilets with the Restaurant at the back with the facility for disabled customers. -*- Delivery Storage place with vaults. -*- Open space for sitting/parties for more than 30 people on the top of the Restaurant. -*- Exceptional location along a busy road. -*- 3-5% Yield at asking price. -*- All the equipment new, 4 ACs. Refurbished recently. -*- Weekly income from the Restaurant is £17000.00 to 18000.00. Tenure: The property will be sold the LEASEHOLD. The Lease Period is 19 years and Renewable. Rent is £65000.00. Please call ReMax 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

Uphall Primary School

Primary

Distance: 0.16 miles

Cleveland Infants' School

Primary

Distance: 0.31 miles

Cleveland Junior School

Primary

Distance: 0.31 miles

Woodlands Junior School

Primary

Distance: 0.46 miles

Woodlands Infants' School

Primary

Distance: 0.46 miles

Dersingham Primary School

Primary

Distance: 0.49 miles

Sheringham Nursery School & Children's Centre

Nursery

Distance: 0.61 miles

St Winefride's RC Primary School

Primary

Distance: 0.61 miles

Northbury Infants' School

Primary

Distance: 0.62 miles

Northbury Junior School

Primary

Distance: 0.62 miles

Sheringham Primary School

Primary

Distance: 0.63 miles

Little Ilford School

Secondary

Distance: 0.68 miles

Winston Way Primary School

Primary

Distance: 0.71 miles

Gordon Infants' School

Primary

Distance: 0.73 miles

Sir John Heron Primary School

Primary

Distance: 0.77 miles

St Peter and Paul's Catholic Primary School

Primary

Distance: 0.81 miles

Essex Primary School

Primary

Distance: 0.86 miles

The Ursuline Academy Ilford

Secondary

Distance: 0.86 miles

Kensington Primary School

Primary

Distance: 0.91 miles

Eastbury Comprehensive School

Secondary

Distance: 0.91 miles

St Margarets CofE Primary School

Primary

Distance: 0.95 miles

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TRANSPORT nearby

Loxford, Wingate Road (Stop M)

Bus

Distance: 0.03 miles

Loxford, Wingate Road (Stop F)

Bus

Distance: 0.09 miles

Ilford, Kingston Road (IG1) (Stop E)

Bus

Distance: 0.13 miles

Loxford Polyclinic (IG1) (Stop L)

Bus

Distance: 0.22 miles

Ilford, Clementswood Baptist Church (Stop P)

Bus

Distance: 0.24 miles

Loxford, Buttsbury Road (IG1) (Stop S)

Bus

Distance: 0.30 miles

Ilford Rail Station

Train

Distance: 0.68 miles

Barking Rail Station

Train

Distance: 0.76 miles

Barking Underground Station

Tube

Distance: 0.77 miles

Manor Park Rail Station

Train

Distance: 1.24 miles

East Ham Underground Station

Tube

Distance: 1.26 miles

Manor Park, Woodgrange Park Rail Station

Train

Distance: 1.30 miles

Seven Kings Rail Station

Train

Distance: 1.37 miles

Upney Underground Station

Tube

Distance: 1.39 miles

Newbury Park Station

Train

Distance: 1.86 miles

Gants Hill Underground Station

Tube

Distance: 1.89 miles

Newbury Park Underground Station

Tube

Distance: 1.91 miles

Upton Park Underground Station

Tube

Distance: 1.97 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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