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Cafe And Restaurant In Camberwell, South London For Sale

Camberwell, London, UK
Asking Price:
£40,000
Turnover:
Not applicable
Net Profit:
Not applicable

Cafe & Restaurant for sale in Camberwell, South London

Property ID: RPS-22429

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

Fully fitted out cafe & restaurant
Total area circa 730 Sq. Ft with 40 covers
Spread over ground floor & basement
Wood fired pizza oven
Gas & extraction in place
Close to King's College Hospital

LANDLORD’S REQUIREMENTS

Guarantor may be required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending Mar 2038 (Inside LTA 1954 Act)
Passing Rent: £22,000 PAX
Rent Review: Every 5 years
Next Rent Review: Mar 2028
Premium: £40,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Ground floor: Circa 490 Sq. Ft
Basement: Circa 240 Sq. Ft
Circa 40 covers
Benefits from gas & extractions
3-phase electric power supply
Premises licence in place

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £2,500/week.

THE LOCATION

Camberwell, South London, SE5
Close to King's College Hospital
Immediate units occupied by independent retailers

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

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.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending Mar 2038 (Inside LTA 1954 Act)
Passing Rent: £22,000 PAX
Rent Review: Every 5 years
Next Rent Review: Mar 2028

Leasehold Rent:

£22,000 per annum

Location:

Camberwell, South London, SE5 Close to King's College Hospital Immediate units occupied by independent retailers

Premises Details:

Ground floor: Circa 490 Sq. Ft
Basement: Circa 240 Sq. Ft
Circa 40 covers
Benefits from gas & extractions
3-phase electric power supply
Premises licence in place

Size in square feet:
730 Sq. Ft