BARKING
BARKING FULLY FITTED A3/A5 RESTAURANT OPPORTUNITY APPROX 83.6m2/900 sq.ft. BUSINESS & LEASE FOR SALE
47 EAST STREET, BARKING, ESSEX IG11 8EJ
Location
Premium
The subject property is located on East Street within the London Borough of Barking and Dagenham.
£170,000 Stc for Lease on Shop & Flats Net Annual Rent = £1100 pax Or Shop Only – £115,000 stc
East Street is the main throughfare of the Town Centre amongst many national multiplies including McDonalds, boots, Iceland and Travel Lodge Hotel.
Business Rates On application
Barking Station is a short walk away. The station gives access to the Hammersmith & City underground line and London Fenchurch Street (circa 15 minutes).
To be paid by ingoing tenant.
Description
Note
Fully Fitted A3/A5 Restaurant with a ground floor area of approx 83.6m2 / 900 sq.ft.
The sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of the impending sale.
• • • • • •
Ideal Fast food/ Delivery concept 25 Covers Newly Refurbished Rear Loading 2 x Car Parking Spaces Current Gross takings from existing trading business circa £4500 per week
Legal Costs
Further details will be released to parties that provide proof of funding/confirmation of existing business operation.
Viewing and Further Information Contact sole letting rights agents
Tenure Held under an existing 15 year lease from March 2015, inside the Landlord & Tenant Act. 5 yearly rent reviews. Rent payable is £33,500 pax until March 2017 then £35,000 pax thereafter.
Note The lease includes 3 newly refurbished selfcontained flats above producing an income of £32,400 per annum. The lease & business of the whole property can be assigned or alternatively a sublet of the shop only.
01708 731200 Ref: ANDREW CAPLIN M: 07870 166162 [email protected] www.andrewcaplincommerical.com ENERGY PERFORMANCE CERTIFICATE On file
47 EAST STREET, BARKING, ESSEX IG11 8EJ
Location
Premium
The subject property is located on East Street within the London Borough of Barking and Dagenham.
£170,000 Stc for Lease on Shop & Flats Net Annual Rent = £1100 pax Or Shop Only – £115,000 stc
East Street is the main throughfare of the Town Centre amongst many national multiplies including McDonalds, boots, Iceland and Travel Lodge Hotel.
Business Rates On application
Barking Station is a short walk away. The station gives access to the Hammersmith & City underground line and London Fenchurch Street (circa 15 minutes).
To be paid by ingoing tenant.
Description
Note
Fully Fitted A3/A5 Restaurant with a ground floor area of approx 83.6m2 / 900 sq.ft.
The sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of the impending sale.
• • • • • •
Ideal Fast food/ Delivery concept 25 Covers Newly Refurbished Rear Loading 2 x Car Parking Spaces Current Gross takings from existing trading business circa £4500 per week
Legal Costs
Further details will be released to parties that provide proof of funding/confirmation of existing business operation.
Viewing and Further Information Contact sole letting rights agents
Tenure Held under an existing 15 year lease from March 2015, inside the Landlord & Tenant Act. 5 yearly rent reviews. Rent payable is £33,500 pax until March 2017 then £35,000 pax thereafter.
Note The lease includes 3 newly refurbished selfcontained flats above producing an income of £32,400 per annum. The lease & business of the whole property can be assigned or alternatively a sublet of the shop only.
01708 731200 Ref: ANDREW CAPLIN M: 07870 166162 [email protected] www.andrewcaplincommerical.com ENERGY PERFORMANCE CERTIFICATE On file
