Summary - 11 BROADWAY GRAYS RM17 6EW
1 bed 1 bath Restaurant
**Standout Features:**
- Established restaurant with a revenue exceeding £10,000 per week
- Prime location in a busy parade near transport links and amenities
- Comprehensive commercial kitchen equipped with high-end appliances
- Leasehold tenure with 8 years remaining
- Goodwill valued at £150,000
**Concerns:**
- Mortgage lenders may struggle to finance due to short lease duration
- High crime rate in the area
Discover a lucrative opportunity with this thriving restaurant business located on a bustling parade. Generating over £10,000 weekly, this venture comes fully equipped with an extensive array of commercial kitchen appliances, making it ideal for high-volume food production. The property benefits from a prime location near schools, public transport, and various amenities, ensuring a steady flow of potential customers.
While this leasehold property has 8 years remaining on its lease, prospective buyers should be aware that this may limit mortgage availability. Its industrial design, featuring two distinct kitchen areas, offers renovation potential for innovative modifications that could elevate the dining experience. Despite the area's higher crime rate, the established goodwill of £150,000 speaks to a strong local reputation. This is an ideal opportunity for investors looking to tap into the local dining scene or restaurateurs ready to build upon an already successful foundation. Act fast; opportunities like this rarely last long!
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