Restaurant/cafe for sale in 150 Peckham High Road, London SE15

£135,000 (£117.29/sq. ft)
Interested in this property? Call +44 20 8033 3603 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Restaurant/cafe for sale From 1,151 - 1,152 sq. ft*

Property features

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

Property description

Restaurant & Cafe for Sale in Peckham, South East London

Price: £135,000 | Rent: £48,000 pax | Circa 1151 Sq. Ft | Lease: Ending September 2036


Main features


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


Lease details


Lease Ending September 2036
Rent: £48,000 pax
Rent Review Term: Every 3 years
Next Rent Review: September 2024
Premium: £160,000 (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.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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