Rarely available is this end-of-terraced mixed-use Freehold property on Rainham Road, RM10. Consisting of over 2000 square foot of space, you have a ground floor restaurant with A3, Alcohol & Late night licences already in place, as well as a 6-Bedroom Flat above. To the rear you have another detached two-bedroom flat that requires refurbishment and can be used STPP.
You have the option to convert the entire premises into flats subject to planning permission.
The subject business is trading as a very successful takeaway/ eat-in café & restaurant in a highly sought after location. With thousands of people passing by each day, you are never short of walk-ins and exposure with the premises on the junction of Dagenham Road and Rainham Road.
Commercial Unit: Approx. £140,000 per annum
Residental Unit: Approx. £52,000 per annum
Located on Rainham Road, the premises is based in a very busy, central location, surrounded by convenient road and public transport links to attract further business, especially with Eastbrook school just around the corner.
The large, open & spacious premises provides plenty of floor space for a large number of customers at a time to pursue a busy service. The ground floor consists of a full-fitted kitchen & seating area along with a separate rear seating area & bar generally used for dinners/ parties.
Above the commercial unit, you have a 6-Bedroom newly-refurbished flat that can be expected to bring in around £52,000 per annum. The flat has a good-sized outdoor terrace with a separate entrance so can be rented to external tenants.
All Fixtures & Fittings can remain in the property for the buyer’s convenience.
Rarely available is this end-of-terraced mixed-use Freehold property on Rainham Road, RM10. Consisting of over 2000 square foot of space, you have a ground floor restaurant with A3, Alcohol & Late night licences already in place, as well as a 6-Bedroom Flat above.
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