Corner Plot Restaurant With Front 20 Cover Garden For Sale
South East London,London,UK, ID 138314
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Description
Corner Restaurant Opportunity with Garden Seating
South East London
Overview
This is a competitively priced leasehold restaurant opportunity on a prominent corner plot in South East London. The business has recently closed and the owner is seeking a sale, with offers invited. The premises have been fully refurbished and are positioned for a fast restart, reducing the typical time and cost involved in launching a new hospitality operation.
Key Features
- Corner plot location with strong visibility and street presence
- Front garden seating area for approximately 20 covers
- Approximately 40 internal covers
- Fully refurbished throughout, including a mezzanine level
- Approximate internal area of 1,000 sq. ft
Licensing
- A3 and A5 use classes in place
- Alcohol licence included
- Licensed hours up to 23:00
This licensing profile supports dine-in service, takeaway trade, and evening operations, providing flexibility for a range of concepts.
Lease and Cost Summary
- Leasehold: offers considered
- Asking price: reduced to ?49,995
- Rent: ?15,000 per annum
- Business rates: nil
- Lease term: 10 years originally, approximately 6 years remaining
Opportunity Notes
As the business is currently closed, the premises offer a clean slate for a new operator to relaunch under a new brand or concept. The combination of a low fixed cost base, existing licences, and refurbished fit-out can help accelerate reopening and reduce upfront capital requirements.
Viewings
Viewings are available strictly by prior appointment. Please enquire to receive further information and to arrange a site visit.
Details
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