40 Covers Restaurant For Sale In Walthamstow

Description

Restaurant Opportunity for Sale – Walthamstow, Waltham Forest (E17)

An established restaurant business is available for sale in the heart of Walthamstow, operating successfully for over nine years. Located within a lively and diverse neighbourhood, the premises benefit from consistent footfall and a strong local customer base. The layout and licensing make this an adaptable opportunity, suitable for continuation as a restaurant or conversion into a daytime cafe concept.

This is a flexible space that can accommodate a wide range of food and beverage formats, from casual dining to cafe-led or takeaway-led models, subject to the operator’s vision.

Main Features

• Suitable for use as a cafe or restaurant
• Premises licence in place, allowing alcohol sales
• Flexible layout suitable for a wide range of cuisines and concepts
• Total internal area of approximately 945 sq. ft

Lease and Financial Details

• Lease runs until 2028 and is protected under the Landlord and Tenant Act 1954 (security of tenure)
• Current rent: ?17,000 per annum exclusive
• Rent review: every 5 years
• Next rent review: March 2028
• Premium: ?125,000 (includes the business, lease assignment, and fixtures and fittings)

Landlord Requirements

• Rent deposit equivalent to three to six months, subject to references
• Proof of funds required
• Accountant’s references
• Trade references

The Premises

• Total area: approximately 945 sq. ft (ground floor)
• Seating capacity: approximately 35 to 40 covers
• Alcohol licence in place
• Wood-fired pizza oven included
• Three-phase electricity supply
• Fully equipped commercial kitchen
• Rateable value: ?16,000 (payable rates reported at ?1,314 per annum in 2023)

The Business

• Reported weekly gross sales: circa ?3,000 to ?3,500
• Approximate annual turnover: circa ?182,000 (as advised by the seller)
• Operated by the owner with 2 full-time and 2 part-time staff members
• Scope to improve efficiency and margins with hands-on management

Location

The property is situated in Wood Street, Walthamstow, within the London Borough of Waltham Forest (E17). This area is known for strong community presence, cultural diversity, and steady commercial activity. Wood Street benefits from a mix of independent businesses and national retailers, supporting consistent pedestrian traffic throughout the day.

Walthamstow has seen ongoing regeneration and growing popularity, supported by strong transport connections, residential development, and a thriving local food and arts scene. The location is well suited to operators looking to trade in an established neighbourhood with loyal local custom.

Viewings and Confidentiality

All interested parties must provide proof of funds and agree to sign a Non-Disclosure Agreement in line with the seller’s confidentiality requirements. Viewings are strictly by appointment and arranged exclusively through Restaurant Property Sellers. Use of our website constitutes acceptance of our Terms and Conditions.

Disclaimer

The information provided has been supplied by the seller and is presented in good faith but without warranty. It does not constitute part of any offer or contract. Prospective purchasers must rely on their own inspections, enquiries, and professional advice to verify the accuracy of all details. Neither the firm nor its employees are authorised to make or give any representations or warranties in relation to this property.