Price £190,000 Available
  • PREMIUM £190,000
  • APPROX 1850sqft/173sqm INCLUDING BASEMENT
  • TURNOVER APPROX £7,000 P/W
  • FULL REPAIR AND INSURING LEASE
  • 5 YEARLY RENT REVIEW
  • USES A3/A5
  • RENTAL £20,000 P.A
  • FIXTURES & FITTINGS INCLUDED
  • APPROX 9 YEARS LEFT ON THE LEASE
  • BASEMENT


LOCATION: The Premises is located on High Road Leytonstone offering great curb appeal and with a Visible PEPE`S PIRI PIRI Franchise signage. The shop is located within walking distance to LEYTONSTONE OVER GROUND CENTRAL LINE and great access to the A12 and surrounding roads.

DESCRIPTION: PEPE`S PIRI PIRI an established franchise in Leytonstone, full fitted with seating for up to 28 customers, W/C and basement being used as an office, storage and containing 2 Freezers. The restaurant area is laid with appealing wooden floor and ample lighting throughout. There is CCTV, Walking fridge freezer, Open plan kitchen area and prep area, Pressure Fryer, Deep fat fryer,HCW5 display, Combi Oven 6 Grill, Chip Dumper,Bun Warmer, 3 Burner Archway Grill, 2 Door Fridges, Chicken Pressure cooker and Speed Pack Table with Insulated Draws.
Allen Davies have been advised that the current weekly turnover is approximately £7,000p.w interested parties can monitor the business once permission has been achieved via Allen Davies. Open hours 12-12 Monday to Sunday, currently being run with 11 trained staff.

USES: A3/A5

LEASE: Full repairing and insuring lease, with 9 years left, 5 yearly rent reviews.

RENT: £20,000p.a

PREMIUM: £190,000

BUSINESS RATES: London Borough of Waltham Forest. We have been advised that the current rateable value for the shop is £2,500p.a. We do advise all interested parties to make their own enquiries with the local authority

DIMENSIONS: Approximate Dimensions including basement 1850sqft/173sqm

LEGAL COST: To Be Confirmed

REFERENCE FEE: Allen Davies have been advised by our Vendors/Landlords that all interested parties will undergo a reference check, fees are not refundable.

VIEWING: Strictly by prior appointment through Allen Davies Commercial Department on 020 8539 2121.

REFERENCE CHARGE: Allen Davies charges a fee of £250 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.