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Burger Takeaway Shop In Bethnal Green For Sale

Bethnal Green, London, UK
Asking Price:
On request
Turnover:
£247,000
Net Profit:
Not applicable

Burger Takeaway Shop for Sale in Bethnal Green

Property ID: RPS-22973

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

No gas but extraction & three phase supply in place
Fully fitted burger shop
Street parking available
Few minutes from Shoreditch High Street Station
Ground floor circa: 402 sq. ft & basement: 232 sq. ft

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending August 2040 (Outside LTA 1954 Act)
Current Rent: £28,000 PAX (Stepped rent)
Half basement: £3,500 per annum
Rent review: Every 5 years
Next rent review: August 2030
Premium: OPEN TO OFFERS (Business, Lease & fixtures and fittings)

THE PREMISES

Ground floor circa: 402 sq. ft & basement: 232 sq. ft
Covers: Circa 15-20
Benefits from extraction
Benefits from three phase electricity
Rateable Value: 22,250

Payable Rates: Circa £8,499/annum

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £247,000 per Annum (£4,750/week).

THE LOCATION

Bethnal Green
Street parking available

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending August 2040 (Outside LTA 1954 Act)
Current Rent: £28,000 PAX (Stepped rent)
Half basement: £3,500 per annum
Rent review: Every 5 years
Next rent review: August 2030

Leasehold Rent:

£28,000 per annum

Location:

Bethnal Green
Street parking available

Premises Details:

Ground floor circa: 402 sq. ft & basement: 232 sq. ft
Covers: Circa 15-20
Benefits from extraction
Benefits from three phase electricity
Rateable Value: 22,250
Payable Rates: Circa £8,499/annum