Property photos
Business
Non quoting
Restaurant for sale
Woolwich SE182,067 sq. ft
Local area information
Property location
Nearby amenities
- Right Choice Independent Special School 0.1 miles
- Woolwich 0.1 miles
- Woolwich Arsenal 0.1 miles
- Pulse and Water College 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Woolwich, North Woolwich and Plumstead to find out more about the local area.
Features and description
- Fully operational business with all systems, staff and suppliers in place
- Ltd company for sale (optional)
- Fully fitted authentic bar & restaurant
- High standard & premium fit out
- Circa 2,300 sq. Ft with 65 indoor covers
- Outdoor seating available
- Fully fitted commercial kitchen
- No Gas, electric only
- Benefits from cold room, extraction & three phase
Bar & Restaurant for sale in Royal Arsenal, Woolwich
Property id: Rps-22162
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features
Fully operational business with all systems, staff and suppliers in place
Ltd company for sale (optional)
Fully fitted authentic bar & restaurant
High standard & premium fit out
Circa 2,300 sq. Ft with 65 indoor covers
Outdoor seating available
Fully fitted commercial kitchen
No Gas, electric only
Benefits from cold room, extraction & three phase
landlord’s requirements
Guarantor if Lease assignment may be required (subject to references)
Rent deposit required
Other usual checks will be carried out
Lease details
Lease: Expiring July 2038 (Outside lta 1954 Act)
£62,000/annum + VAT plus 6% turnover rent for sales over threshold
Service Charge: £6,500 plus VAT
Rent Review: July 2028 and every 5 years thereafter with 4% cap
Premium: Open to Offers (Lease and ff&E)
The premises
Circa 2,067 sq. Ft with 60 covers & 25 outdoor seating
Circa 230 sq. Ft storage directly adjacent to the kitchen
Fully fitted commercial kitchen
3 phase power supply
Benefits from cold room & storage
Premises licence
Permitted hours: 8am to 11pm
Rateable value: 23,250
Payable business rates: £9,906 (before rhl relief)
The location
Stone throw away from Woolwich Elizabeth Line Station
Part of a mature riverside development and within a fast growing regeneration area
Multiple retail shops & eateries nearby
The business
Gross Revenue: We have been informed that the business generated gross revenue of circa £416,000 per annum (£6,500 to 10,500/week), with
considerable potential for improvement.
Currently our client manages business with 6 full-time & 4 part-time staff members.
Reason for sale
Relocation of the owner
Viewings & confidentiality
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree 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 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.
Property id: Rps-22162
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features
Fully operational business with all systems, staff and suppliers in place
Ltd company for sale (optional)
Fully fitted authentic bar & restaurant
High standard & premium fit out
Circa 2,300 sq. Ft with 65 indoor covers
Outdoor seating available
Fully fitted commercial kitchen
No Gas, electric only
Benefits from cold room, extraction & three phase
landlord’s requirements
Guarantor if Lease assignment may be required (subject to references)
Rent deposit required
Other usual checks will be carried out
Lease details
Lease: Expiring July 2038 (Outside lta 1954 Act)
£62,000/annum + VAT plus 6% turnover rent for sales over threshold
Service Charge: £6,500 plus VAT
Rent Review: July 2028 and every 5 years thereafter with 4% cap
Premium: Open to Offers (Lease and ff&E)
The premises
Circa 2,067 sq. Ft with 60 covers & 25 outdoor seating
Circa 230 sq. Ft storage directly adjacent to the kitchen
Fully fitted commercial kitchen
3 phase power supply
Benefits from cold room & storage
Premises licence
Permitted hours: 8am to 11pm
Rateable value: 23,250
Payable business rates: £9,906 (before rhl relief)
The location
Stone throw away from Woolwich Elizabeth Line Station
Part of a mature riverside development and within a fast growing regeneration area
Multiple retail shops & eateries nearby
The business
Gross Revenue: We have been informed that the business generated gross revenue of circa £416,000 per annum (£6,500 to 10,500/week), with
considerable potential for improvement.
Currently our client manages business with 6 full-time & 4 part-time staff members.
Reason for sale
Relocation of the owner
Viewings & confidentiality
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree 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 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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