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Restaurant for Sale in Beckenham near Station with Fully Fitted Kitchen and 2066 sq. ft Space

Wimbledon, London, ID 212375

Restaurant for Sale in Beckenham near Station with Fully Fitted Kitchen and 2066 sq. ft Space 1
Restaurant for Sale in Beckenham near Station with Fully Fitted Kitchen and 2066 sq. ft Space 1
Asking price:
GBP£149 000
Turnover (per year): £455 797 gbp
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Description

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds prior to requesting a viewing.MAIN FEATURESClose to Beckenham Junction StationExcellent visibility with strong passing tradeSuitable for a variety of retail or hospitality usesGround floor: approximately 1,259 sq. ft with seating for around 70 coversBasement: approximately 807 sq. ft fully fitted commercial kitchen with food liftPremises licence in placeLANDLORD’S REQUIREMENTSGuarantor may be required subject to references6 months rent deposit required subject to referencesStandard referencing and additional checks will applyLEASE DETAILSLease expiry: October 2038 (inside Landlord and Tenant Act 1954)Rent: £43,000 per annum exclusive (stepped rent structure)Rent review: Every 5 yearsNext rent review: October 2028Premium: £149,000 (business, lease, fixtures, and fittings included)THE PREMISESTotal area: approximately 2,066 sq. ftGround floor: approximately 1,259 sq. ft with seating for 70 coversBasement: approximately 807 sq. ft housing a fully fitted kitchenFood lift installed between basement and ground floorBenefits from gas supply, commercial extraction, and premises licenceRateable value: £27,750Business rates payable: approximately £13,847.25 per annumTHE BUSINESS2023 turnover: £518,0652024 turnover: £455,797LOCATIONBeckenham, BR3Located a few minutes from Beckenham Junction StationVIEWINGS & CONFIDENTIALITYAll prospective purchasers must provide proof of funds to meet both premium and landlord requirements.A non-disclosure agreement is required due to client confidentiality prior to release of further information.Viewings are strictly through Restaurant Property Sellers only. By proceeding, all parties agree to the stated terms and conditions.DISCLAIMERThe information provided has been supplied by the seller and is issued without responsibility on the part of the agent. It should not be relied upon as statements of fact. Interested parties must satisfy themselves as to the accuracy of all details. The agent and its employees have no authority to make or give any representation or warranty in relation to the property.

Details

Real Estate: Lease
Square m2: 191
Asking price: 149 000 gbp
Turnover (per year): 455 797 gbp
Rent (per year): 43 000 gbp

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