Contact sophia
sophia
Posting for 3+ monthsBADBOYZ DINER FOR SALE £100,000
Plaistow, London
£2,400pm
Contact sophia
- Posted
- 35 days ago
- Seller Type
- Private
- Property Type
- Leisure & Hospitality
- Date Available
- 07 Jul 2025
Description
For Sale: Established Diner on Green Street - Prime Location CALL 7950360360
An exceptional opportunity to acquire a fully equipped and operational diner, strategically located on the bustling Green Street. Previously valued at £180,000, this established business is now available for a quick sale at a reduced premium of £100,000 due to unforeseen circumstances.
This is a final offer, reflecting a significant discount for a prime business location.
Key Features:
* Leasehold: 12 years remaining on the current lease, with renewal options available. Subleasing is also permitted.
* Rental Details: Monthly rent is £2,400, with annual rates at £1,200.
* Revenue: Weekly turnover ranges from £6,000 to £8,000, depending on trading conditions.
* Online Presence: Equipped with three Uber Eats terminals, one Just Eat, and one Deliveroo platform.
* Licensing: Benefits from a late-night license, operating until 5:00 AM.
* Capacity: Seating for 24 customers in the dine-in area.
* Equipment: Includes a comprehensive range of high-quality equipment, such as a Henny Penny fryer, double tank chip fryer, chip dunk, grill, bain-marie, ice cream machine, pizza topping fridge, eight refrigerators, two large freezers, one microwave, and five Samsung TVs. Over £90,000 was invested in new equipment in 2021, all in excellent working condition. A new canopy with updated piping and motor was installed in January 2025 at a cost of £29,000.
* Facilities: Features two separate toilets (front and back), a small office, two kitchens, and a large shed at the rear for storage.
Additional Information:
This sale includes all equipment, the business name, and existing operations for the price of £100,000. This is a final offer, representing a considerable value given the initial investment of over £230,000 in 2021, with full paperwork available to verify expenses.
Terms of Sale:
* The buyer will be responsible for covering the landlord's fees and their own lease agreement costs.
* The landlord requires a six-month deposit of £14,400, payable upon lease signing.
Location Benefits:
Situated on the well-known Green Street in East London, the diner benefits from high foot traffic and excellent visibility. It is conveniently located just two minutes from Upton Park underground station and the vibrant Old Queens Market.
The area is further enhanced by 500 new flats nearby, offering substantial growth potential
Ad ID: 1500214343
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