Restaurant & Cafe for Sale in Peckham

  • Leasehold £199,000
  • £48,000/Annum
Bellenden Road, Peckham, London, UK

Description

Restaurant & Cafe for Sale in Peckham, South East London


Price: £199,000 | Rent: £48,000 PAX | Circa 1151 Sq. Ft | Lease: Ending September 2036


MAIN FEATURES


LEASE DETAILS 

  • Lease Ending September 2036
  • Rent: £48,000 PAX
  • Rent Review Term: Every 3 years
  • Next Rent Review: September 2024
  • Premium: £199,000 (Lease & fixtures & fittings)

PREMISES

  • EPC Rating: Upon Request
  • Ground Floor: Circa 966 Sq. Ft (Circa 60 Covers)
  • Basement: Circa 186 Sq. Ft
  • Extraction & Gas Connection in Place
  • Rateable Value: £8,000 (Eligible for 100% Business Rate Relief)
  • Benefits from Premises Licence
  • Permitted Licensing Hours: 12pm to 10:30pm | Sun: 12pm to 9:30pm
  • Permitted Opening Hours: 8am to 11pm | Sun: 8am to 10pm

THE LOCATION

  • Bellenden Road, Peckham SE15
  • Located in the heart of Peckham
  • Sought after location
  • Peckham Rye Station 0.9 mile
  • East Dulwich Station 0.7 mile

TRADING

  • Turnover: Circa £9,000/week (£450,000/year) as per the seller
  • Current Trading Hours: 6pm till 11pm | Mon & Tue Closed
  • Serves Lunch on Friday & Saturday

REASON FOR SALE

  • Other Business

LANDLORD’S REQUIREMENT

  • Must have Hospitality Background
  • Rent Deposit of 3 months (subject to references)
  • Business plan required
  • Bank, Trade & Accountant’s Reference required
  • Evidence of financial credibility

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

  • Address Bellenden Road, Peckham
  • City London
  • Post Code SE15
  • Area Peckham

Details

Updated on December 6, 2022 at 7:36 pm
  • Price: Leasehold £199,000
  • Size: 1151 Sq. Ft
  • Covers: 60
  • Use: Restaurant/Cafe
  • Type: RESTAURANTS, CAFES
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES
  • Type
  • 60
  • Covers
  • Restaurant/Cafe
  • Use
  • 1151
  • Sq. Ft

Contact Information

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