ID : 11130
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
