Fully-fitted Takeaway Shop In Busy Street In Walthamstow For Sale
Walthamstow,London,UK, ID 138350
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Description
Turnkey Takeaway Opportunity on a High-Footfall Street in Walthamstow
Overview
An opportunity to acquire a fully fitted takeaway premises positioned on one of Walthamstow’s busiest streets in East London. The location benefits from steady pedestrian traffic throughout the day, supported by surrounding retailers, local residential density, and nearby transport links. The site suits a takeaway operator and also has the flexibility to trade as a cafe-style concept.
Proof of Funds
Proof of funds is required before viewings can be arranged, in line with the seller’s instructions and the landlord’s approval process.
Premises and Fit-Out
The premises extend to approximately 975.53 sq. ft and are configured to accommodate around 40 covers. A newly fitted extraction system is installed. The setup is electric-only with no gas connection, and the premises are reported to benefit from a three-phase power supply, supporting higher-capacity equipment and efficient operations. An owner parking space is also available.
- Total area: approximately 975.53 sq. ft
- Seating capacity: approximately 40 covers
- Newly fitted extraction system
- Electric-only setup (no gas connection)
- Three-phase power supply (as stated)
- Owner parking space available
Lease Details
The business is offered on a sub-lease running to 2038 and is outside the Landlord and Tenant Act 1954. The rent is ?33,000 per annum exclusive, with rent reviews every five years. The next rent review is due in March 2028.
- Sub-lease expiry: 2038 (outside the Act)
- Rent: ?33,000 per annum exclusive
- Rent review cycle: every 5 years
- Next rent review: March 2028
- Premium: ?99,000 (business, lease interest, and fixtures and fittings)
Landlord Requirements
Subject to references and landlord approval, requirements may include:
- Guarantor
- Rent deposit equivalent to 3 to 6 months’ rent
- Standard due diligence and reference checks
Trading Performance
According to information provided by the seller, the business generates gross revenue of approximately ?234,000 per annum, equivalent to around ?4,500 per week. The operation is managed by the owner with a team of six full-time staff, including the owner.
- Reported turnover: approximately ?234,000 per annum (around ?4,500 per week)
- Staffing: 6 full-time team members including the owner
Business Rates
- Rateable value: 30,250
- Estimated annual business rates payable: approximately ?15,094.75
Buyers should confirm the rates position and any relief eligibility with the local authority.
Location
Situated on a busy street in Walthamstow with neighbouring units occupied by a mix of national retailers. The premises are within a short walking distance of Walthamstow station, supporting accessibility for customers and staff. The surrounding catchment includes residential, retail, and commuter traffic throughout the day.
Viewings and Confidentiality
All interested parties must provide proof of funds sufficient to meet the premium and landlord requirements. A Non-Disclosure Agreement is required prior to arranging viewings or receiving further information, in line with the client’s confidentiality request.
Viewings are strictly through Restaurant Property Sellers only. By using the website, you agree to the Terms and Conditions.
Disclaimer
The information provided has been supplied by the seller and is issued without responsibility on the part of the agent and therefore is not to be relied upon as a statement of fact. Any intending purchaser must satisfy themselves as to the correctness of each statement. The agent and its employees have no authority to make or give any representation or warranty in relation to this property.
Details
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