High Street, Hornchurch, RM11
£130,000
Guide price
Guide price
DESCRIPTION:
Within a part grade II listed building, comprising a 60 max cover Restaurant which has been in the same family hands for 30+ years. Open over a 5 day week and showing an operating profit of over £47,000! Just outside the core Town centre and nestled between a renowned Oriental Restaurant & Prezzo.
Property A part grade II listed building, the ground floor in approx. 776 sq.ft., the seating area accounting for 562 sq.ft. of this, the balance being the kitchen 205 sq.ft. plus storage & ladies & gents WC's. A loft which is accessed via a loft ladder only provides further storage of some 267 sq.ft. To the rear there is shared parking with a Restaurant next door, for 6 vehicles, on a 'first come first served' basis.
Features Delightful Part Grade II Listed Building
Just Outside Core Town Centre
Covers For 60 max
Approx. 776 Sq.Ft. Overall
Rear Parking Facilities
In Same Family Hands 30 Years
Trading Accounts The accounts of the business for the year to 31st October 2023 show sales of £317,076 with an operating profit of £47,610.
Hours The Restaurant is open Wednesday to Saturday from 5pm till 10pm and on Sundays from 12 noon till 4pm.
Staff The business is run by a husband & wife partnership with 3 full time and 3 part time staff.
Tenure/Rent Leasehold. A renewable lease granted from the 25th March 2006 until the 7th December 2030 at a passing rent of £20,000pa.
Business Rates The most recent rating assessment shows an adopted value of £19,000 resulting in Business Rates payable of approx. £8,500pa less any transitional relief.
Legal Fees Both parties are to be responsible for their own legal fees.
Within a part grade II listed building, comprising a 60 max cover Restaurant which has been in the same family hands for 30+ years. Open over a 5 day week and showing an operating profit of over £47,000! Just outside the core Town centre and nestled between a renowned Oriental Restaurant & Prezzo.
Property A part grade II listed building, the ground floor in approx. 776 sq.ft., the seating area accounting for 562 sq.ft. of this, the balance being the kitchen 205 sq.ft. plus storage & ladies & gents WC's. A loft which is accessed via a loft ladder only provides further storage of some 267 sq.ft. To the rear there is shared parking with a Restaurant next door, for 6 vehicles, on a 'first come first served' basis.
Features Delightful Part Grade II Listed Building
Just Outside Core Town Centre
Covers For 60 max
Approx. 776 Sq.Ft. Overall
Rear Parking Facilities
In Same Family Hands 30 Years
Trading Accounts The accounts of the business for the year to 31st October 2023 show sales of £317,076 with an operating profit of £47,610.
Hours The Restaurant is open Wednesday to Saturday from 5pm till 10pm and on Sundays from 12 noon till 4pm.
Staff The business is run by a husband & wife partnership with 3 full time and 3 part time staff.
Tenure/Rent Leasehold. A renewable lease granted from the 25th March 2006 until the 7th December 2030 at a passing rent of £20,000pa.
Business Rates The most recent rating assessment shows an adopted value of £19,000 resulting in Business Rates payable of approx. £8,500pa less any transitional relief.
Legal Fees Both parties are to be responsible for their own legal fees.
Send me homes like this by email
