Restaurant Business for sale in Waltham Abbey

Waltham Abbey, Essex, UK


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This business is marketed by

MW Chartered Surveyors View more business for sale by this agent

The property is situated just off Waltham Abbey town centre, within a dense populated residential area. There are numerous bus routes serving the area. The premises comprise a fully fitted Indian restaurant with a reception/seating area, kitchen, Male & Female WC's and a two bedroom flat above. There is an extension to the side of the building that is used as further storage space. The kitchen is fitted with an extractor fan and hood, a walk in cold store, a double bound sink, 12 burners, a papadum maker, 3 ovens and 1 tandoori oven. Sales area 136 sq m ?1,465 sq ft?. Reception area 12 sq m ?130 sq ft?. Kitchen area 41 sq m ?441 sq ft?. Storage area 7 sq m ?75 sq ft?. First floor area 40 sq m ?430 sq ft?. All areas approx. The property is currently trading as an Indian restaurant, with a loyal customer base and a good business intake. The first floor comprises a two bedroom flat with living room, kitchen and bathroom. The premises are currently held on a full repairing and insuring lease for a term of 21 years from May 2010. Passing rent £27,000 per annum ?next review May 2019?. A premium of £110,000 is sought for the goodwill, fixtures and fittings. Both parties' legal costs to be paid by the prospective tenant. View by appointment through MWCS. 


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business information

Sale price: £110,000
Tenure : Leasehold
Status: Available
Sectors:
Indian Restaurants
Indian Takeaways
Restaurants
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