Guide price
£60,000
(£159.26/sq. ft)
Restaurant for saleStation Road, Romford RM2
From 344 - 377 sq. ft
Business
About this property
Overview
💷 Asking Price: £60,000 (Premium + Lease takeover)
📍 Location: Gidea Park, Hornchurch
🏠 Rent: £16,000 per annum + VAT
💡 Business Rates: Rate-free
🕒 Opening Hours: 6 hours/day, 6 day
An excellent opportunity to acquire a well-established and profitable business situated directly opposite Gidea Park Station, right on the main road with heavy footfall throughout the day.
The station is on the Elizabeth Line, providing fast and direct access into Central London every 15 minutes – bringing a constant stream of commuters and local residents.
The business has been trading successfully for nearly 3 years, generating a stable income of £3,000–£3,500 per week. Ideal for both experienced operators and new entrants looking for a ready-to-run business in a sought-after area.
Premises
The premises benefit from A1 (Retail) and A5 (Hot Food Takeaway) use class permissions, offering flexibility for a range of retail, café, or takeaway businesses.
The shop is fully fitted, bright, and ready to trade immediately, positioned on a busy high street surrounded by other local businesses and amenities, ensuring excellent visibility and walk-in trade.
Lease Details
The lease is held directly with Transport for London (tfl) under an open-ended commercial lease.
Upon transfer, the new buyer will enter a new agreement directly with tfl, which means they can negotiate fresh lease terms - including rent and conditions - without being bound by the existing contract.
There is no fixed end date, offering flexibility and long-term security for the new operator.
💷 Asking Price: £60,000 (Premium + Lease takeover)
📍 Location: Gidea Park, Hornchurch
🏠 Rent: £16,000 per annum + VAT
💡 Business Rates: Rate-free
🕒 Opening Hours: 6 hours/day, 6 day
An excellent opportunity to acquire a well-established and profitable business situated directly opposite Gidea Park Station, right on the main road with heavy footfall throughout the day.
The station is on the Elizabeth Line, providing fast and direct access into Central London every 15 minutes – bringing a constant stream of commuters and local residents.
The business has been trading successfully for nearly 3 years, generating a stable income of £3,000–£3,500 per week. Ideal for both experienced operators and new entrants looking for a ready-to-run business in a sought-after area.
Premises
The premises benefit from A1 (Retail) and A5 (Hot Food Takeaway) use class permissions, offering flexibility for a range of retail, café, or takeaway businesses.
The shop is fully fitted, bright, and ready to trade immediately, positioned on a busy high street surrounded by other local businesses and amenities, ensuring excellent visibility and walk-in trade.
Lease Details
The lease is held directly with Transport for London (tfl) under an open-ended commercial lease.
Upon transfer, the new buyer will enter a new agreement directly with tfl, which means they can negotiate fresh lease terms - including rent and conditions - without being bound by the existing contract.
There is no fixed end date, offering flexibility and long-term security for the new operator.
Mortgage calculator
Monthly repayment
£300 per month
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