Summary - THE WHITE HART, KINGS WALK RM17 6HR
1 bed 1 bath Restaurant
Fully refurbished restaurant with 100 covers — leasehold sale with limited term.
Approximately 5,577 sq ft over multiple floors, circa 100 covers
Pasha Lounge is a fully refurbished, operational Turkish restaurant occupying a large period building in central Grays. The premises offer approximately 5,577 sq ft across multiple floors, seating for around 100 covers, a new fully equipped kitchen and basement storage — ready to trade immediately. Reported weekly turnover and an established customer base support ongoing trading performance.
Important commercial and funding constraints affect the sale. The property is offered as a leasehold with only nine years remaining; rent is reported at £50,000 per annum and goodwill at £200,000. Short lease length is likely to deter mortgage lenders and will limit traditional buy-to-let or owner-operator mortgage options; purchasers should confirm funding arrangements before committing.
The building combines Georgian/period character and commercial conversion features but has some maintenance needs: roof repairs are noted. The neighbourhood is classified as deprived with very high local crime statistics and very slow broadband — factors that may affect staff recruitment, customer perceptions and non-dining revenue streams. Conversely, the town-centre location close to transport links and local amenities supports footfall. Viewing and full financials should be requested prior to offer; lease terms, service charges and trading figures must be examined in detail.
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