Lease for Sale
D2 PREMISES
Available - *currently trading as a banqueting hall, but suitable for other D2 uses*
Farringdon Avenue, Harold Hill, Essex RM3
(Reference No. 023919)

FLOOR AREA APPROX 9,200 SQ FT (841.22 M²) PLUS 20 PARKING SPACES
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Location:
The Grove Estate is located at the junction of Faringdon Avenue and Tonbridge Road. The access is the first turning on the right hand side off Tonbridge Road when approaching from Faringdon Avenue. It is within easy reach of the M25 at J28 and Harold Wood overground station, Gidea Park and Romford.

Description:
Fully fitted banqueting suite and ground floor catering unit arranged as follows:

1st Floor Banqueting Hall – 9,200 sq ft (854 sq m)
Refurbished banqueting hall with entrance hall on the ground floor and banqueting hall on the 1st floor with bar/reception area, office, store, kitchen and WC facilities. The 1st floor has D2 use and currently holds a full alcohol and music license. The unit includes a fully fitted kitchen, CCTV and fire/burglar alarms and is air conditioned. There are 20 car parking spaces allocated to this unit.

The premises are available with all fixtures, fittings and equipment and the goodwill of the business. Bookings have already been secured into 2018 and will be included within the sale.

Unit 6 – Ground Floor Catering Unit - 825 sq ft (76.5m²)
Currently used as a Pizza take away restaurant. This unit can be linked externally to the 1st floor banqueting hall and provides a further 4 parking spaces.

Lease:
Available on an existing lease with approximately 20 years remaining. The 1st floor banqueting hall is available at a rental of £64,000 pa and unit 6 is available at £14,600 pa.

Terms:
A premium in the region of £495,000 is sought for the fixtures, fittings, furnishings, equipment and goodwill of the business.

Subject to Contract
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Claridges Commercial
Tel: 020 8559 1122  
Email:
contact@claridges-commercial.co.uk