No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£110,000
Added > 14 days

Property for sale

Green Street, Forest Gate
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Property
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • 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
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.

Places of interest

    Request viewing/info
    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.

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    *DISCLAIMER

    Property reference 2266. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Allen Davies - Leyton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.