Asking price: £249,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: £250,000

Stock value: Undisclosed

Business description
'New reduced price'
Newly refurbished banqueting hall for sale, with a capacity of, big hall for 400 people, small hall for 150 people, can also be used as a restaurant, private parking space for 100+ cars.
Also includes 5 double bed rooms, four single bed rooms & a studio flat, generating a massive £850 p/w rent

Years established: 5

Employees: 4

Trading hours: 12pm - 12am

Property: Leasehold

Lease terms
Currently 10 years, 7 remaining, extendable to 25 years for the new buyer. (there is also option to buy the business freehold). Rent £50,000 per Annum, Rates £17,000 per Annum.

Living accomodation
There is a big office and bride dressing room space. Five extra large bedrooms, four single bedrooms, two toilets, two baths, big kitchen. Separate entrance to the rooms, a studio flat on ground floor.

Location
Business is located on a busy high street in the heart of East London. Very close to Leyton tube station, and Leyton Midlands station is just 1 min walk.

Expansion potential
Private secured parking area is so big that another big capacity banqueting hall can be build, subject to planning permissions.