Restaurant for sale, Station road Chingford E4
Chingford, London
- Status
FOR SALE
- Advert ID
653999
- Leasehold: £379,995 (Stock at valuation)
- Rent: £36,000 (£3,000 per month)
- Turnover: £450,000 (£8,654 per week)
- Profit: On request
Key Features
- Vibrant local community engagement
- Viewing by appointment only
- Viewing highly recommended
- Well-established and operational
Business Details
Restaurant for sale, Station road Chingford E4
Brand new 15 years renewable lease offered!
Rent £36000 per annum
Rent review every 4 years
Oxo Property is delighted to offer this superb restaurant for sale in Station road, Chingford which is very popular for restaurants and bars for locals and people from surrounding areas.
Currently trading as a popular café bar & bistro with full alcohol license only open during the day but it is suitable for number of different cuisines (Italian, Turkish, Spanish, Patisserie etc) with a potential of extended trading hours, with the addition of take away tablets etc. Thus takings can significantly increase in the right hands.
The restaurant is built to beautiful contemporary style standard short while ago.
The premises benefits from brand new decoration with attention to detail, fully fitted bar with fridges, glass washer and ice maker.
Fully fitted kitchen with flat grill, charcoal grill, salamander, washing up area, cold room with deep freezer section, storage room
Outside seating for 26 people suitable for summer and winter
Please call us in the first instance to book a viewing for this lovely business opportunity.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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