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Reference R3251

Licensed Restaurant in East London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, EAST LONDON

Price £90,000

Features

Licenced Restaurant (closed)

5 STAR HYGIENE RATING

DOUBLE FRONTED LICENSED RESTAURANT in the region of 1,725 ft² WITH ELECTRIC SHUTTERS, Concrete floor, hanging light, sales counter, EPOS till, cash register, bar-type drinks cooler; upright 2-door drinks fridge; stainless-steel bar. Lightspeed POS.

Preparation kitchen: 2 upright freezers; 1 upright +4 C fridge; Rational 10-tray oven;
dough mixer; 1 tray trolley; 4 wire racks; 2 work benches; pass-through dishwasher;
mincer; 3 burger presses; hot-water installation.

Tables and chairs providing seating for 50 People, 2 custom stainless-top tables (6 seats each).

Hot line: 2 electric plate griddles; double-basket and single-basket fryers;
electric hob; salad bar; 2 countertop +4 C fridges

1 customer toilet; 1 staff toilet.

Storage above toilets, in garden, and in preparation kitchen.

Outside

Parking area available

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (Rail Track) granted for 6 years in 2025 with yearly rent reviews years (next review 2029) at a current rent of £64,800 p.a. + VAT In addition we understand there is a Service charge of £4,800 p.a. approx.

Business Rates from April 2026 £12,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2026, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £90,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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