Property photos
Leasehold
£215,000
Restaurant for sale
London SE17Local 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 0.4 miles
- Elephant & Castle 0.5 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
- Leasehold
Weekly Revenue Insights: With impressive annual sales figures totaling £481,000, this business enjoys an estimated weekly turnover of around £9,250.
Business Rates: The monthly business rate is a manageable £400.
Insurance Contribution: As a tenant, you will contribute to building insurance, which typically falls within the £1,500 to £2,000 range annually.
Rent payable- The annual rent for the premises is £43,000
The business has been running successfully for 5 years
There are 15 years remaining on the lease
Extensive Storage Solutions: This property boasts a spacious storage area, featuring multiple rooms and a cold room, as detailed in the provided floor plan—perfect for optimal inventory management.
Convenient Parking: Customers will benefit from ample public parking facilities, enhancing visitor accessibility.
Dedicated Staff: Our trained staff are ready and eager to stay on with the new owner, ensuring a seamless transition. The current owner is relocating to Dubai, which presents a unique opportunity for continuity in operations.
Training will be provided.
Healthy Net Profit: The reported net profit reflects a well-run operation, already accounting for staff wages and all operational costs, signifying a robust financial foundation for the new owner.
Business Rates: The monthly business rate is a manageable £400.
Insurance Contribution: As a tenant, you will contribute to building insurance, which typically falls within the £1,500 to £2,000 range annually.
Rent payable- The annual rent for the premises is £43,000
The business has been running successfully for 5 years
There are 15 years remaining on the lease
Extensive Storage Solutions: This property boasts a spacious storage area, featuring multiple rooms and a cold room, as detailed in the provided floor plan—perfect for optimal inventory management.
Convenient Parking: Customers will benefit from ample public parking facilities, enhancing visitor accessibility.
Dedicated Staff: Our trained staff are ready and eager to stay on with the new owner, ensuring a seamless transition. The current owner is relocating to Dubai, which presents a unique opportunity for continuity in operations.
Training will be provided.
Healthy Net Profit: The reported net profit reflects a well-run operation, already accounting for staff wages and all operational costs, signifying a robust financial foundation for the new owner.
More information
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