Fully Fitted Restaurant for Sale in Greenwich. Circa 2,500 sq. ft.
Property ID: RPS-22944
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Circa 2,500 sq. ft. with 120-150 covers
Spread over one level
Fully fitted commercial kitchen with extraction in place
Riverside location with excellent view
No gas but three phase supply in place
Benefits from Premises licence
LANDLORD’S REQUIREMENTS
Guarantor may be required (subject to references)
6 months' rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending in Feb 2036 (Outside the Act of 1954)
Current rent: £42,500 plus VAT per annum
Service charge: £10,000 plus VAT per annum
Rent review: Every 5 years
Next rent review: Feb 2026
Premium: £199,000 (Business, Lease & fixtures and fittings)
THE PREMISES & BUSINESS
Circa 2,500 sq. ft.
Covers: Circa 120-150 restaurant with premises licence
Benefits from extraction & three phase
Current Business Rates: Circa £8,000/annum
We have been informed that the business currently generates a gross revenue of circa £8,000 per week
THE LOCATION
Greenwich, SE10
Riverside location with excellent view
O2 Arena 1.7 miles & Cutty Sark 0.7 miles away
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
A Non-Disclosure Agreement may be required due to the confidentiality requested by the client.
DISCLAIMER
The above information is provided by the seller and is not to be relied upon as a statement of fact. Any intending purchaser must satisfy themselves as to the correctness of each statement. No representation or warranty is made or given in relation to this property.
