Grilled Chicken Franchise Resale In East London For Sale

Description

Established Grilled Chicken Franchise Opportunity

High-profile East London location

Proof of Funds

To meet the vendor’s confidentiality requirements and satisfy the landlord’s conditions, all prospective purchasers must be able to provide proof of funds before a viewing can be arranged.

Overview

This is a franchise resale opportunity for a grilled chicken restaurant trading from a prominent high street position in East London. The business operates from a highly visible corner unit and benefits from a substantial footprint, supporting both dine-in capacity and high-volume service. The fit-out is presented in a premium, neutral style, which helps the space appeal to a broad customer base and allows for straightforward continuation of trading under the existing brand.

Key Features

• Grilled chicken franchise business offered for resale
• Approximately 2,000 sq. ft premises with seating for around 100 covers
• Corner unit with strong visibility
• Premium, neutral decor suitable for a wide range of restaurant formats
• Gas supply, extraction systems, and three-phase electricity installed
• Two separate extraction systems, supporting the potential for multiple kitchen sections
• Busy East London high street position

Premises Details

• Area: approximately 1,862 sq. ft
• Covers: approximately 100
• Two extractions in place
• Gas and three-phase electricity installed

Business Rates

• Rateable value: ?21,000
• Current rates payable: approximately ?6,600 per annum (discounted)

Interested parties are advised to confirm the rate position and any relief eligibility with the local authority.

Lease and Commercial Terms

• Lease expiry: September 2039
• Lease status: Inside the Landlord and Tenant Act 1954
• Current rent: ?57,000 per annum
• Rent reviews: Every four years
• Next rent review: September 2027
• Premium: ?350,000 inclusive of the franchise business, lease interest, and fixtures and fittings

Landlord Requirements

Subject to references and covenant strength, the landlord may require:

• A guarantor
• A rent deposit equivalent to three to six months’ rent
• Standard financial and background checks

Trading Performance

Based on information provided by the seller, the business generates gross weekly revenue in the region of ?8,000 to ?10,000, indicating consistent demand and strong trading levels for the area.

The restaurant is currently owner-managed with a team of approximately six to seven staff members, supporting day-to-day operations.

Location

The premises occupy a high street position in East London with good visibility and access. Street parking is available nearby, supporting both dine-in and takeaway trade.

Viewings and Confidentiality

All interested parties must provide proof of funds sufficient to meet the premium and the landlord’s requirements. A Non-Disclosure Agreement must be agreed prior to receiving further information or arranging a viewing.

Viewings are strictly by appointment and handled exclusively through Restaurant Property Sellers. Use of the website is subject to the company’s Terms and Conditions.

Disclaimer

The information provided has been supplied by the seller and is believed to be accurate; however, it is provided without warranty. Prospective purchasers must rely on their own inspections and professional advice to verify all details. Neither the agent nor its employees are authorised to make or give any representation or warranty in relation to this property.