Lebanese Restaurant for Sale in Croydon, SW16

  • Leasehold £70,000
  • £16,000/Annum
Norbury, London SW16, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Lebanese Restaurant for Sale in Croydon, SW16

Norbury, London SW16, UK
  • Leasehold £70,000
  • £16,000/Annum

Description

Lebanese Restaurant for Sale near Streatham, London


MAIN FEATURES

  • Fully fitted Lebanese Restaurant for Sale
  • Five Star Hygiene
  • Open Kitchen
  • Suitable for both Restaurant & Takeaway
  • Circa 1085 Sq. ft
  • NO Premises Licence (can apply)

LEASE DETAILS 

  • Ending in June 2031 (Inside the LTA 1954)
  • Current Rent: £16,000 pax
  • Rent Review: Every 4 years
  • Next Rent Review: June 2025
  • Premium: £70,000 (Business, lease and fixtures & fittings)

PREMISES

  • Five Star Hygiene
  • Total Area Circa 1085 Sq. Ft
  • Open Plan Kitchen
  • Separate Extraction in the Prep Area
  • Rateable Value: £14,000
  • Payable Rates: Circa £4,680 (Currently paying circa £2,328.66/yr after discount)
  • Total covers circa 35-40

THE LOCATION

  • Norbury, SW16, Croydon
  • Immediate Units occupied by independent retailers
  • Very Close to Norbury Train Station
  • Busy Location

TRADING

  • Excellent reviews & popular among locals
  • Weekly Gross Sales: Circa £6,500 (as per the seller)
  • UberEATS, Deliveroo & JustEat
  • Own Online Ordering Website

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.

Details

Updated on April 28, 2023 at 10:46 am
  • Price: Leasehold £70,000
  • Size: 1085 Sq. Ft
  • Covers: 35-40
  • Use: Restaurant
  • Type: RESTAURANTS, TAKEAWAYS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, TAKEAWAYS
  • Type
  • 1085
  • Sq. Ft

Contact Information

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