Asian Restaurant for Sale in Camberwell

  • Premium £99,000
  • £30,000/Annum
Camberwell, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Asian Restaurant for Sale in Camberwell

Camberwell, London, UK
  • Premium £99,000
  • £30,000/Annum

Description

Restaurant for Sale in Camberwell with 5 Bedroom Accommodation


MAIN FEATURES

  • 5 Bedroom Flat with a Separate Entrance for Staff Accommodation
  • Situated in a Parade with Main Road Trading Position
  • High Footfall and Great Visibility
  • Ground Floor : Circa 440 sq. ft Circa of 30 Covers
  • Large basement
  • Gas & Extraction in Place

LANDLORD’S REQUIREMENTS

  • Personal Guarantor Required
  • 3-6 Months Rent Deposit Subject to References
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending 2033 (Inside the Act of 1954)
  • Rent: £30,000/year reviewed every 5 years
  • Next Rent Review: 2025
  • Premium: 99,000 (Business, Lease & FF&E)

THE PREMISES

  • Circa 440 sq. ft with circa of 30 covers
  • High Footfall and Great Visibility
  • 5 Bedroom Flat used as Staff Accomodation
  • Gas & Extraction in Place
  • Rateable Value: £19,000 (Payable Rates: Circa £9,481/annum)

THE BUSINESS

  • Gross Turnover: Available on request
  • Current Opening Hours: Wed- Mon (11:30am-10:00pm)
  • Our client informed us that the Restaurant is operated by 3 Full-time Staff.

THE LOCATION

  • Camberwell, SE5
  • 0.5 miles to Denmark Hill
  • 1.4 mile to Brixton

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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 January 15, 2024 at 5:12 pm
  • Price: Premium £99,000
  • Size: 440 Sq. Ft
  • Covers: 30
  • Use: Restaurant
  • Type: RESTAURANTS, TAKEAWAYS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, TAKEAWAYS
  • Type
  • 440
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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