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Greater London, E1 7QR

Retail for sale

£50,000
-
Total price
655Sq Ft
Space

Warren Anthony Commercial are delighted to bring to the market this established A5 hot food takeaway restaurant currently trading as the Tikka Express located on White Church Lane just off Whitchapel Road close to many other multiple and local traders with Aldgate East Underground Station within a very short walking distance.

Also close to Whitechapel High Street, Leman Street and Commercial Street with both Aldgate and Whitechapel Underground Stations nearby.

The premises arranged on ground floor only it comprises to the front an area for seating, sales counter and cold drinks cabinet with door to fully fitted kitchen and preparation area and door to the rear with internal storage area and WC.

Lease with we understand 14 years approx remaining subject to periodic rent reviews, 5 yearly with the next rent review in 4 years approx.

Rental �22,000 per annum exclusive.

Premium �50,000 subject to contract as a guide price for the benefit of the lease, goodwill, fixtures and fittings.

Business rates payable we believe to be �7,500 per annum. However, it is recommended that all interested parties make their own enquiries to the local rating department at Tower Hamlets.

Turnover to be confirmed.

Accounts available to be confirmed.

Opening hours to be confirmed.

Staff owner managed plus staff to be confirmed.

Energy performance certificate to be confirmed.

Use A5 (Hot Food Takeaway).

Size 655 sq ft approx.

Local authority Tower Hamlets.

Legal costs to be confirmed.

Warren Anthony will charge a fee of �250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

Viewing through Warren Anthony Commercial by prior appointment only.

Important Notice

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Listed Features

  • Storage
  • Restaurant
  • Kitchen
  • High Street
  • Use Class - A5
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