Insurance & Building Warranties

Restaurant for sale in Dagenham

740 Green Lane, Dagenham, Essex RM8 1YX
For sale
£300,000 Offers In Excess Of

COMMON USE CLASS: A3 Restaurants and Cafes

This property is marketed by:
Russell Lewis


Dagenham forms part of the L.B. of Barking and Dagenham, being about 11 miles from Central London and with a population of circa £120,000. Green Lane is a principal thoroughfare within Dagenham providing the shops, services and restaurants the towns populous requires. The subject property adjoins Reels Casino Slots and is within a block offering convenience services for what is a densely populated catchment area.


The property comprises a Ground Floor Restaurant of approximately 800 square feet with a flat roof, hence the development potential.  The restaurant trades as “Indiano” who operate 5 Pizzerias within Essex – a copy of the Lease is available upon request.


The property is Let on Full Repairing and Insuring terms to Mr Mohammed Mahmood who effectively provides a Personal Guarantee. The Lease expires 9 June 2031 with Rent Reviews June 9 2023 and 2027 at a current rent of £17,750 per annum exclusive being drawn outside the security provisions of the 1954 Landlord and Tenant Act.


Freehold, subject to the existing Lease, a copy of which is available upon request.


Offers are invited in excess of £300,000 – the successful bidder will be required to demonstrate proof of Funds. 

Legal costs

Each party to bear their own with a Deposit to be provided by the Purchaser to form either part of the funds to exchange or the Landlords abortive legal costs should the Purchaser withdraw during the legal process.

Call Agent

Find Professionals in your search area

Contact us via [email protected]