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PROPERTY Commercial To Rent Leisure & Hospitality

For Sale Neighbourhood Restaurant

£660.00 (Fixed)

Price : £660.00 (Fixed)
Type : Sell
Date : 12th June 2018
Condition : Used
Warranty : No
Location : Southwark, London, UK

Café/Restaurant – Lease For Sale


The premises are located on Goldsmith Road in a recently transformed heritage building between Peckham High Street and New Cross Road, which will soon benefit from x2 new underground stations.

The unit is easily accessible from Queens Road Peckham station, yet benefits from a more relaxed neighbourhood look and feel.


The premises are trading as an all-day café/restaurant with a fully fitted open kitchen, approximately 35 covers, plus outside seating.


Ground Floor: 69.7 sq m / 750 sq ft

Total: 69.7 sq m / 750 sq ft


We are offering an assignment of our client’s FRI Lease, expiring in 2030. It is understood that the lease is granted outside the security of tenure provisions of The Landlord and Tenant Act 1954, part two as amended. There are mutual break clauses in Years 3 and 8.


The current passing rent is stepped as follows:

Years 1 to 3 – £8,000 p.a.x

Years 4 to 8 – £12,000 p.a.x

Years 9 to 13 – £14,000 p.a.x


The premises benefit from an A3 use with a premises licence until 11pm Monday to Saturday.


Offers In The Region of £70,000