Business details

MAAMALA’S RESTAURANT REF: RB377

Business Descriptions

WELL MAINTAINED AND RENOWNED INDIAN / SRILANKAN RESTAURANT FOR SALE IN NORTH EAST LONDON. LOCATED JUST A FEW MINUTES AWAY FROM WALTHAMSTOW UNDERGROUND STATION, THIS A3 IS COMES WITH A SPACIOUS PARTY HALL OFFERING A GREAT OPPORTUNITY FOR PRIVATE FUNCTIONS.

ESTABLISHED IN 2006, THE RESTAURANT IS RENOWNED FOR ITS VARIED MENU WITH A MODERN TWIST ON TRADITIONAL INDIAN / SRILANKAN DISHES. THESE POPULAR DISHES ARE SOLD ON A TAKEOUT, DELIVERY AND DINE IN BASIS. JUST EAT, HUNGRY HOUSE AND UBER EATS ARE AVAILABLE

PREMISES HAVE RECENTLY BEEN RENOVATED TO A VERY HIGH STANDARD AND INCLUDE A PARTY HALL ABOVE. THE BUSINESS HAS AN EXCELLENT REPUTATION, AND THIS HAS BEEN PROVEN BY THE VAST AMOUNT OF POSITIVE FEEDBACK ON REVIEWING PLATFORMS SUCH AS TRIPADVISOR. THE BUSINESS IS NOW FOR SALE ON A LEASEHOLD BASIS.

INTERNAL VIEWINGS ARE HIGHLY RECOMMENDED THROUGH RIGHT BUSINESS BY APPOINTMENT ONLY. PLEASE CONTACT CUSTOMER RELATIONS MANAGER JOSEPH ON 07714615076 Advert Ref: RB377

 

PLEASE NOTE: THESE PARTICULARS PROVIDE A GENERAL OUTLINE ONLY. IT IS ADVISED THAT PROSPECTIVE PURCHASERS MAKE THEIR OWN ENQUIRIES. THESE DETAILS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT. ALL STATEMENTS OR DETAILS CONTAINED WITHIN THESE PARTICULARS ARE WITHOUT ANY RESPONSIBILITY ON ANY PART, TO RIGHT BUSINESS. RIGHT BUSINESS CHARGES A FEE OF £300 AS ADMIN FEE FROM PROPOSED BUYER. A HOLDING DEPOSIT WILL BE REQUIRED TO SECURE THE PROPERTY; THE DEPOSIT WILL BUY A PERIOD OF EXCLUSIVITY AND WILL BE HELD IN THE RIGHT BUSINESS ACCOUNT

Property Details

  • Size : TBC
  • Business Type : Restaurant
  • Established Year : 2006
  • Expiry Date :

Other Details

  • Competition : LIMITED COMPETITION
  • BusinessLocation : MAIN ROAD TRADING POSITION
  • Reason for Selling : DUE TO OTHER BUSINESS COMMITMENT
  • Expansion Potential : YES

Operation Details

  • Staff : FULL TIME: 5
  • Trading Hours :MON – SUN: - MON TO SUN: - 12.00 TO MIDNIGHT

Map & NearBy

256 Hoe Street, London E17 3AX, UK, , WALTHAMSTOW, LONDON, United Kingdom, E17 3AX

Seller's Info

  • Seller Name :
  • Email Id :
  • Contact :

Business Address

  • Address :256 Hoe Street, London E17 3AX, UK,
MAAMALA’S RESTAURANT REF: RB377
  • TurnOver :WE ARE INFORMED THE TURNOVER CURRENTLY AVERAGES £5000.00 P.W. TO £6000.00 P.W. IN OUR OPINION OFFERING TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
  • Business Price :£150000.00
  • Tenure :THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY 09 YEARS UNEXPIRED AT A CURRENT RENTAL OF £33,600.00 P.A. AND BUSINESS RATES: -£ 10,000.00 P. A
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