Corner Plot Restaurant With Front 20 Cover Garden For Sale

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.