Restaurant/cafe for sale in Camberwell Church Street, London SE5

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: We have been informed that the business generates gross revenue of circa £364,000 per annum (£7,000/week).
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.

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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.