Bar for Sale in Greenwich. Circa 100 Covers. Late-night Premises license.
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting details and viewing.
MAIN FEATURES
Great Location & Visibility
Newly Fitted & Modern Décor
Spread over the ground floor and basement
Fully Fitted Commercial Kitchen
Fully Electric, No Gas
Three Phases in Place
Extraction in Place
Premises Licence (11 a.m. until 1:30 a.m.)
LANDLORD’S REQUIREMENTS
Personal Guarantor Required (Subject to References)
3-6 Months Rent Deposit Subject to References
Accountant’s references
Trade references
LEASE DETAILS
Lease Ending: May 2031 (Outside the Act of 1954)
Current Rent: £70,000 plus VAT
Rent Review: Every 3 years
Next Rent Review: September 2026
Premium: £180,000 (Business, Lease & FF&E)
THE PREMISES
Circa 80 covers plus Outdoor Seating for up to 25 (Front & Rear)
Fully Fitted Commercial Kitchen
Kitchen in the Basement
Fully Electric, No Gas
Extraction & Three Phases in Place
Permitted Hours : 11 a.m. to 1:30 a.m.
Hygiene Rating: 4 (Four)
Payable Business Rates: Circa £23,702/annum (Rateable Value: £47,500)
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £468,000 per annum (£9,000/week).
THE LOCATION
Greenwich, SE10
0.4 miles to Greenwich & Greenwich Pier
0.4 miles to National Maritime Museum Gardens
Nearby Multiple Retailers
VIEWINGS AND CONFIDENTIALITY
All interested buyers must agree to a 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 to our terms & conditions.
DISCLAIMER
The above information is provided by the seller and is issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement 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 whatsoever in relation to this property.
