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Fully Fitted Cafe And Restaurant In Streatham, Open-Plan Kitchen For Sale

Streatham, London, UK
Asking Price:
£95,000 Furniture / Fixtures included
Turnover:
£156,000
Net Profit:
Not applicable

Fully Fitted Cafe & Restaurant for Sale in Streatham

Property ID: RPS-23167

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

MAIN DETAILS

Fully fitted cafe/restaurant with an open plan kitchen
Separate large kitchen & storage in the basement
Ideal for a cafe, restaurant or takeaway business & delivery kitchen
3 phase & cold room in place
Nearby occupiers include Chicken Cottage, Subway & M&S
Circa 1602 sq. ft (ground floor 828 sq. ft & basement 774 sq. ft)

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
3-6 months' rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Grant of a new lease (terms to be discussed)
Rent: £30,000 per annum exclusive
Premium: £95,000 (Lease & fixtures and fittings)

THE PREMISES

Area: Circa 1602 sq. ft
Ground floor 828 sq. ft with an open plan kitchen and accommodates circa 50 covers
Basement 774 sq. ft with an additional kitchen and storage
Benefits from two extractions, three phase & cold room
Rateable Value: 22,250

Payable Rates: Circa £8,499/annum (please confirm with the local council)

THE BUSINESS

We have been informed that the business currently generates a turnover of circa £3,000 per week

THE LOCATION

Prime Streatham Hill location
Streatham, SW2
A few minutes from Streatham Hill Station

VIEWINGS & CONFIDENTIALITY

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

All interested buyers must agree to a 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 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 statements of fact. Any intending purchaser must satisfy themselves as to the correctness of each statement. Neither the firm nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Grant of new lease (terms to be discussed)
Rent: £30,000 per annum exclusive

Leasehold Rent:

£30,000 per annum

Location:

Prime Streatham Hill location
Streatham, SW2
Few minutes from Streatham Hill Station

Premises Details:

Area: Circa 1602 Sq. Ft. Ground floor 828 Sq. Ft. with an open plan kitchen and accommodates circa 50 covers. Basement 774 Sq. Ft. with additional kitchen and storage. Benefits from two extractions, three-phase & cold room. Rateable Value: £22,250. Payable Rates: Circa £8,499 per annum.

Size in square feet:
Circa 1602 sq. ft