Property photos
Business
£135,000
(£89.64/sq. ft)
Restaurant for sale
Walworth Road, London SE171,506 sq. ft
Local area information
Property location
Nearby amenities
- St Peter's Church of England Primary School 0.1 miles
- St Paul's Church of England Primary School, Walworth 0.2 miles
- Kennington 0.5 miles
- Elephant & Castle 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Walworth, Newington and Elephant and Castle to find out more about the local area.
Features and description
- Busy Street & High Passing Trade
- Fully Fitted Restaurant
- Benefits from Premises Licence
- Suitable for any kind of restaurant or cafe
- Circa 1506 Sq. Ft
- Spread over Ground Floor & Basement
Fully Fitted Restaurant for Sale in Walworth Road SE1, Southwark
Main features
Busy Street & High Passing Trade
Fully Fitted Restaurant
Benefits from Premises Licence
Suitable for any kind of restaurant or cafe
Circa 1506 Sq. Ft
Spread over Ground Floor & Basement
landlord’s requirements
Three to Six month’s rent deposit subject to references
Proof of funds
Accountant’s references
Trade references
Lease details
Lease: Ending September 2033 (Inside the Act 1954)
New Rent: £22,500 pax
Rent Review: Every 5 years
Next Rent Review: September 2028
Premium: £135,000 (Business, Lease & ff&E)
The location
Walworth Road, SE1, Southwark
Busy Street with Footfall
Immediate Units occupied by national as well as independent retailers
Trading & financials
Gross Sales Revenue: Circa £5,000 per week (£260,000/year) (As per the seller)
We have been informed that the restaurant currently operates with 5 staff including the owner
The premises
Total Area Circa 1506 sq. Ft (Ground Floor & Basement)
Ground Floor: Circa 888 Sq. Ft with 40-45 covers
Basement: Circa 621 sq. Ft (Walk-In Fridge & Storage )
Rateable Value: £17,500
Payable Business Rates: £2,500 (Eligible for discount for this year (2023)
Alcohol Licence
Fully equipped commercial kitchen
Viewings & confidentiality
All interested buyers must agree 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 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.
Main features
Busy Street & High Passing Trade
Fully Fitted Restaurant
Benefits from Premises Licence
Suitable for any kind of restaurant or cafe
Circa 1506 Sq. Ft
Spread over Ground Floor & Basement
landlord’s requirements
Three to Six month’s rent deposit subject to references
Proof of funds
Accountant’s references
Trade references
Lease details
Lease: Ending September 2033 (Inside the Act 1954)
New Rent: £22,500 pax
Rent Review: Every 5 years
Next Rent Review: September 2028
Premium: £135,000 (Business, Lease & ff&E)
The location
Walworth Road, SE1, Southwark
Busy Street with Footfall
Immediate Units occupied by national as well as independent retailers
Trading & financials
Gross Sales Revenue: Circa £5,000 per week (£260,000/year) (As per the seller)
We have been informed that the restaurant currently operates with 5 staff including the owner
The premises
Total Area Circa 1506 sq. Ft (Ground Floor & Basement)
Ground Floor: Circa 888 Sq. Ft with 40-45 covers
Basement: Circa 621 sq. Ft (Walk-In Fridge & Storage )
Rateable Value: £17,500
Payable Business Rates: £2,500 (Eligible for discount for this year (2023)
Alcohol Licence
Fully equipped commercial kitchen
Viewings & confidentiality
All interested buyers must agree 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 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.
More information
Listed by
Restaurant Property Sellers
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