Fully Fitted & Modern Restaurant for Sale in Epping, Essex

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MAIN FEATURES

• Lease Until July 2041
• Circa 100 Covers
• Circa 2148 Sq. Ft
• Open Plan Kitchen
• Fully Fitted & Benefits from Premises Licence

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LANDLORD’S REQUIREMENT

• Six (06) Rent Deposit Required (subject to references)
• Personal Guarantor required
• Bank, Trade & Accountant’s Reference required
• Evidence of financial credibility

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LEASE DETAILS 

• Lease Ending in July 2041 (Inside the Act)
• Current Rent: £44,000 pax
• Rent Review: Every 5 years
• Next Rent Review: July 2026
• Premium: 350,000 (Business, Lease and FF&E)

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PREMISES

• EPC Rating: C
• Area: Total Circa 2148 Sq ft
• Covers: Circa 100
• Benefits from Extraction & Premises Licence
• Rateable Value: 35,750 (Payable Rates: £17,4517)

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THE LOCATION

• Epping, CM16
• High Street Location
• Immediate units occupied by retailers like Caffe Nero & Pizza Express

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TRADING

• Weekly Turnover: Circa £13,00o to £14,000 per week (As per the seller)

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REASON FOR SALE

• Another business

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VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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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.