Restaurant & Cafe for Sale in Peckham

Restaurant & Cafe for Sale in Peckham, South East London

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MAIN FEATURES

• Prominent Location in Peckham
• Bi-Folding frontage door
• Eligible for 100% Business Rate Relief

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LEASE DETAILS 

• Lease Ending September 2036
• Rent: £48,000 PAX
• Rent Review Term: Every 3 years
• Next Rent Review: September 2024
• Premium: £120,000 (Lease & fixtures & fittings)

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PREMISES

• EPC Rating: Upon Request
• Total Area: Circa 1151 Sq. Ft (Including basement)
• 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

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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

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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

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REASON FOR SALE

• Other Business

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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

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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.

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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.