Restaurant & Cafe for Sale in Peckham, South East London
MAIN FEATURES
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)
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
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
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.