Commercial property for sale in London, England

Fully Fitted Restaurant for sale in Walworth Road, Southwark  Property ID: RPS-22233  PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.  MAIN FEATURES  Busy road offering passing trade Close to East Street Market Circa 2,214 sq. ft with outdoor seating Spread over ground floor, basement & terrace Fully fitted commercial kitchen Gas, two(2) extractions in Place Benefits from 3-phase electric power supply  LANDLORD'S REQUIREMENTS  Guarantor may be required (subject to references) Rent deposit required (subject to references) Other usual checks will be carried out  LEASE DETAILS  Lease: Ending June 2039 (Inside LTA 1954 Act) Rent: £43,000 per annum exclusive Rent Review Term: Every 5 Year Next Rent Review: 2029 Premium: £215,000 (Business, Lease & fixtures and fittings)  THE PREMISES  Basement floor: circa 1,290 sq. ft Ground floor: circa 924.5 sq. ft Outdoor: circa 387 sq. ft Covers: Circa 100 ( indoor: 65 | terrace: 35) Gas, two(2) extraction & three phase in place Circa 35 Covers Outdoor seating EPC Rating: C Rateable value: 41,250 Payable business rates: Circa £20,583.75 per annum  THE BUSINESS  Gross Revenue: We have been informed that the business generated gross revenue of circa £500,000 per annum. Currently our client manages business with 4 part-time staff members.  THE LOCATION  Busy road in South London Walworth Road, Southwark SE17 0.5 mile to Elephant & Castle  VIEWINGS & CONFIDENTIALITY  All interested buyers must have proof of funds to meet the premium and landlord's requirements.  All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.  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.

Commercial property for sale in London, England

Restaurant for sale

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