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MapProperty for sale
Green Street, Forest Gate
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Under offer
Property
Features and description
- Tenure: Leasehold (8 years remaining)
- Premium £150,000
- RENT £30,000 p.a
- American themed diner (called allstars)
- Fully equiped and paid for kitchen
- Booth style seating
- Seating on two floors
- W/c
- Office
- Approx 1590 sft
- Annual turnover approx £250,000
Video tours
LOCATION: The Premises is located on Green Street offering great curb appeal and with a Visible signage.
DESCRIPTION: We are very pleased to offer this stunning opportunity to invest in a successful running restaurant business; situated on Green Street, Forest Gate - E7. This restaurant is surrounded by other busy restaurants on this popular main road.
Key Features:
• American Themed diner.
• Newly refurbished restaurant (spent £180,000 into 2017).
• Spacious fully equipped restaurant (fitted with new kitchen worth £50,000+).
• 75 Seater restaurant over 2 floors with13 tables (Retro American diner booth seating).
• Three toilets.
• Property spread over three floors (storage in the loft).
• Floor Area: 1590 SQF Approx
KITCHEN MACHINERY:
RATIONAL SCC61E X 1, PITCO SG14 X 2, BLUE SEAL G596LS X1, BLUE SEAL G504 X1, BLUE SEAL GP516 X1, ALTO SHAAM 5003D X1, GENFROST GEN3100H X1
GENFROST GEN4100L X1, GENFROST GEN1200H X1, GENFROST GPZ300 X1, GENFROST GEN100H X1, POLAR STANDING FREEZER X1 , LOGIK CHEST FREEZER X1
GANTRY FOOD PASS + EXTENSION X1, NINJA BLENDERS X2, KENWOOD BLENDER X1, KENWOOD HANDHELD FOOD PROCESSORS X2, KENWOOD MICROWAVE X1
LINKAT SALAMANDER X1, LINKAT BAIN MARIES X1
• They have received the highest hygiene rating (5 out of 5) from the food
standard agency.
• They have managed to gain very high reviews and followers across numerous
social media platforms (Google, Facebook, Instagram, Just Eat, UberEats)
• 4 / 5 full time employees.
• Opening hours 2:00pm to 11:00pm.
• Weekly sale of £3000 - £4500 (delivery are not included).
• Deliveries sale £1500 - £2000 per week.
• Annual turnover - £250,000.
• Rent £30 000 annually.
• Rates £9,200 annually.
• Premium £110,000.
• 15 years of lease available (renewable).
• Genuine reason for sale which can be disclosed upon request.
• Available immediately.
• Viewing is highly recommended.
USES: A3/A5
LEASE: Full repairing and insuring lease, with 15 years left, 5 yearly rent reviews.
BUSINESS RATES: We have been advised that the current rateable value for the shop is £9,200p.a. We do advise all interested parties to make their own enquiries with the local authority
LEGAL COST: To Be Confirmed
REFERENCE FEE: Allen Davies have been advised by our Vendors/Landlords that all interested parties will undergo a reference check.
VIEWING: Strictly by prior appointment through Allen Davies Commercial Department on[use Contact Agent Button].
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
DESCRIPTION: We are very pleased to offer this stunning opportunity to invest in a successful running restaurant business; situated on Green Street, Forest Gate - E7. This restaurant is surrounded by other busy restaurants on this popular main road.
Key Features:
• American Themed diner.
• Newly refurbished restaurant (spent £180,000 into 2017).
• Spacious fully equipped restaurant (fitted with new kitchen worth £50,000+).
• 75 Seater restaurant over 2 floors with13 tables (Retro American diner booth seating).
• Three toilets.
• Property spread over three floors (storage in the loft).
• Floor Area: 1590 SQF Approx
KITCHEN MACHINERY:
RATIONAL SCC61E X 1, PITCO SG14 X 2, BLUE SEAL G596LS X1, BLUE SEAL G504 X1, BLUE SEAL GP516 X1, ALTO SHAAM 5003D X1, GENFROST GEN3100H X1
GENFROST GEN4100L X1, GENFROST GEN1200H X1, GENFROST GPZ300 X1, GENFROST GEN100H X1, POLAR STANDING FREEZER X1 , LOGIK CHEST FREEZER X1
GANTRY FOOD PASS + EXTENSION X1, NINJA BLENDERS X2, KENWOOD BLENDER X1, KENWOOD HANDHELD FOOD PROCESSORS X2, KENWOOD MICROWAVE X1
LINKAT SALAMANDER X1, LINKAT BAIN MARIES X1
• They have received the highest hygiene rating (5 out of 5) from the food
standard agency.
• They have managed to gain very high reviews and followers across numerous
social media platforms (Google, Facebook, Instagram, Just Eat, UberEats)
• 4 / 5 full time employees.
• Opening hours 2:00pm to 11:00pm.
• Weekly sale of £3000 - £4500 (delivery are not included).
• Deliveries sale £1500 - £2000 per week.
• Annual turnover - £250,000.
• Rent £30 000 annually.
• Rates £9,200 annually.
• Premium £110,000.
• 15 years of lease available (renewable).
• Genuine reason for sale which can be disclosed upon request.
• Available immediately.
• Viewing is highly recommended.
USES: A3/A5
LEASE: Full repairing and insuring lease, with 15 years left, 5 yearly rent reviews.
BUSINESS RATES: We have been advised that the current rateable value for the shop is £9,200p.a. We do advise all interested parties to make their own enquiries with the local authority
LEGAL COST: To Be Confirmed
REFERENCE FEE: Allen Davies have been advised by our Vendors/Landlords that all interested parties will undergo a reference check.
VIEWING: Strictly by prior appointment through Allen Davies Commercial Department on[use Contact Agent Button].
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
About this agent
Buying or selling your property will probably be one of the biggest single financial transactions you’ll ever make and that’s why your choice of agent is one that has to be right. At Allen Davies we are proud of what we have achieved. We are locally recognised as Leytons No.1 Independent Estate Agents, consistently capturing the majority of the local market. Established in 2002 and with over 50 years combined property experience, you can be confident in knowing that you have made the right decision. We are accredited with being members of The Property Ombudsman, Trading Standards Approved Code and the National Accredited Letting Scheme. This really does make Allen Davies Leyton’s agent that you can trust. Furthermore, we can guarantee you a highly professional, seamless service from start to finish and our friendly, down to earth and approachable team are always on hand to answer any queries and concerns, however small they may seem. Our clients are very important to us and keeping you informed of progress every step of the way is another key feature Allen Davies aims to provide. We also know how costly moving can be, which is why we continue to keep our rates highly competitive. When it comes to property, being leaders in the local area combined with very competitive rates is a winning combination and one that is guaranteed to get results fast.