Fully Fitted Restaurant for Sale in Greenwich with Riverside Views and 2500 Sq. Ft. Space

Description

MAIN DETAILSApproximately 2,500 sq. ft with seating capacity for 120-150 coversArranged over a single levelFully fitted commercial kitchen with extraction system installedPrime riverside location with excellent viewsNo gas supply, however three phase electrical supply is installedBenefits from premises licenceLANDLORD REQUIREMENTSGuarantor may be required, subject to references6 months rent deposit required, subject to referencesStandard referencing and compliance checks will applyLEASE DETAILSLease expiry: February 2036 (Outside the Landlord and Tenant Act 1954)Current rent: £42,500 plus VAT per annumService charge: £10,000 plus VAT per annumRent review: Every 5 yearsNext rent review: February 2026Premium: £199,000, including business, lease, fixtures, and fittingsTHE PREMISES AND BUSINESSApproximately 2,500 sq. ftRestaurant seating capacity for approximately 120-150 covers with premises licence in placeBenefits from extraction system and three phase electrical supplyCurrent business rates: Approximately £8,000 per annumThe business currently generates an approximate gross revenue of £8,000 per week.THE LOCATIONGreenwich, SE10Riverside position with exceptional viewsLocated approximately 1.7 miles from The O2 Arena and 0.7 miles from Cutty SarkVIEWINGS AND CONFIDENTIALITYAll interested buyers must provide proof of funds sufficient to satisfy both the premium and landlord requirements.Interested parties will also be required to sign a Non-Disclosure Agreement due to the confidential nature of the sale.Viewings are strictly through Restaurant Property Sellers only. Use of the website constitutes acceptance of the company’s terms and conditions.DISCLAIMERThe above information has been supplied by the seller and is provided without responsibility on the part of the agent. Interested parties should independently verify all details and satisfy themselves as to the accuracy of the information provided. Neither the firm nor any of its employees has authority to make or provide any representation or warranty in relation to the property.