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£1,375 pcm

Victoria Road, Romford, RM1

  • 0 beds
Other

£1,375 pcm

  • 0 beds
Other

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We’re with you from start to finish

  • You book a viewing
  • We get you a mortgage
  • We sort out the legal work
Here`s a rare opportunity to lease a well-established restaurant that has been thriving for over 40 years in the same location. The current owners are retiring, and this restaurant has been a consistent source of income and stability for their family.

This restaurant comes fully equipped and operational, featuring a kitchen, tables, and chairs that can accommodate up to 40 guests. The kitchen includes top-notch features like extractor hoods, refrigeration units, and freezers.
Situated in the heart of Romford town centre, this property offers an open-plan dining area seamlessly connected to a well-equipped kitchen and prep room. Additionally, you`ll enjoy convenient amenities such as rear parking, customer and staff restrooms, a storage room, and a serving bar. Don`t miss the chance to explore this exceptional restaurant opportunity.

Here are some key financial details:

Monthly earnings averaging ?30,000
No business rates
Annual rent of ?16,500

The current lease is valid until 2027 with a guaranteed option for renewal.

In addition to the rent, there is a one-time premium of ?45,000 required to secure the extensive inventory of fixtures and fittings.


what3words /// apples.joins.melon

Notice
All photographs are provided for guidance only.

Redress scheme provided by: The Property Redress (PRS008986 )
Client Money Protection provided by: Client Money Protect (CMP004108)

Council Tax
London Borough of Havering, Business Rates
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Disclaimer
Details are provided and maintained by Stonebridge London Ltd. The information displayed about this property comprises a property advertisement. OneDome does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here.

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Property details

£1,375 pcm

property to rent

Victoria Road, Romford, RM1
Here`s a rare opportunity to lease a well-established restaurant that has been thriving for over 40 years in the same location. The current owners are retiring, and this restaurant has been a consistent source of income and stability for their family.

This restaurant comes fully equipped and operational, featuring a kitchen, tables, and chairs that can accommodate up to 40 guests. The kitchen includes top-notch features like extractor hoods, refrigeration units, and freezers.
Situated in the heart of Romford town centre, this property offers an open-plan dining area seamlessly connected to a well-equipped kitchen and prep room. Additionally, you`ll enjoy convenient amenities such as rear parking, customer and staff restrooms, a storage room, and a serving bar. Don`t miss the chance to explore this exceptional restaurant opportunity.

Here are some key financial details:

Monthly earnings averaging ?30,000
No business rates
Annual rent of ?16,500

The current lease is valid until 2027 with a guaranteed option for renewal.

In addition to the rent, there is a one-time premium of ?45,000 required to secure the extensive inventory of fixtures and fittings.


what3words /// apples.joins.melon

Notice
All photographs are provided for guidance only.

Redress scheme provided by: The Property Redress (PRS008986 )
Client Money Protection provided by: Client Money Protect (CMP004108)

Council Tax
London Borough of Havering, Business Rates