Restaurant to rent
Property description & features
- Confidentially available
- Established restaurant business for sale
- Includes fixtures, fitting & equipment
- 46 covers in total
- Alcohol licence
- Gas supply & 3-phase electricity
Location - Situated in Buckhurst Hill, Essex. Buckhurst Hill Underground Station is on the Central Line and provides a regular service into Central London and out to Epping. Access to the motorway network is via the M11 at Loughton or the M25 at Waltham Abbey.
Description - The premises comprise a ground floor restaurant of approximately 625 sq ft (58.1 sq m) which consists of a seating area, food preparation area and kitchen. The premises currently benefit from the following:
- 38 covers inside with an additional 8 covers outside
- 3-phase electricity & gas supply
- Fitted kitchen & food preparation area (a full list of fixtures & fittings is available on request)
- Alcohol licence
- Air-conditioning
- Toilet facilities
Terms - The premises are held on a 20 year lease from 2018, subject to 5 yearly rent reviews, and the current passing rent is £22,500 per annum. The outgoing tenant is seeking a premium for goodwill, fixtures, fittings and equipment. Premium on application.
Business Rates - Epping Forest District Council have informed us of the following:
2023 Rateable Value: £21,500
2024/25 UBR: 0.499 P/£
2024/25 Rates Payable: £10,728.50
Interested parties are advised to ascertain current rate liability with the Local Authority.
Legal Costs - To be covered by the ingoing tenant.
Viewings - The premises are available on a confidential basis and therefore all viewings must be accompanied. Please call Clarke Hillyer on[use Contact Agent Button] to arrange a viewing.
Epc - The premises have an Energy Performance Certificate rating of B.
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