For a better experience please change your browser to CHROME, FIREFOX, OPERA or Internet Explorer.
PROPERTY Commercial To Rent Leisure & Hospitality

For Sale Neighbourhood Restaurant

£660.00 (Fixed)

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

Café/Restaurant – Lease For Sale

LOCATION

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.

DESCRIPTION

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

FLOOR AREAS

Ground Floor: 69.7 sq m / 750 sq ft

Total: 69.7 sq m / 750 sq ft

TENURE

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.

RENT

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

USE

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

PREMIUM

Offers In The Region of £70,000 

 

 



Location
Top