Cafe & Pizzeria for Sale in Camberwell with 2 Extractions, Fully Fitted, Premise Licence & Potential to Open as Cafe

  • Leasehold Price: £75,000
  • Annual Turnover: £182,000
Camberwell, London, England
Seller Ref:CAMBERWELL_PIZZERIA_CAFE_RESTAURANT
Under Offer

Cafe & Pizzeria for Sale in Camberwell with 2 Extractions, Fully Fitted, Premise Licence & Potential to Open as Cafe

Camberwell, London, England
Seller Ref:CAMBERWELL_PIZZERIA_CAFE_RESTAURANT
  • Leasehold Price: £75,000
  • Annual Turnover: £182,000

Overview

Seller Ref: CAMBERWELL_PIZZERIA_CAFE_RESTAURANT

Description

Cafe & Pizzeria for Sale in Camberwell, South London

MAIN FEATURES

Fully fitted out Cafe, Restaurant & Pizzeria
Two Separate Extraction in Place
On & Off Alcohol Licence
Wood Fired Pizza Oven
Close to Kings College Hospital
Eligible for 100% rate relief

LEASE DETAILS

Lease Ending March 2037 (Inside the LTA 1954)
Current Rent: £22,000 PAX
Service Charge & Building Insurance: £1,000/year
Rent Review: Every 5 years
Next Review: 2028
Premium: £75,000 (Lease and fixtures & fittings)

PREMISES

Total Area Circa 730 Sq. Ft
Ground floor: Circa 490 Sq. Ft
Basement: Circa 240 Sq. Ft
Circa 40 covers
Benefits from two (2) extractions, gas & three phase
Alcohol Licensing Hours: 10am till 11pm (Sun: 10:30pm)

THE LOCATION

Camberwell, South London, SE5
Close to Kings College Hospital
Immediate units occupied by independent retailers

TRADING

Currently trading as a Restaurant & Pizzeria
Potential to open as a Cafe
Gross Sales: Circa £182,000/annum | £3,500/week (as per the seller)
Opening Hours: 5:30pm till 10:30pm (Monday & Tuesday Closed)

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are 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.

Leasehold Terms:
Lease Ending March 2037 (Inside the LTA 1954) Current Rent: £22,000 PAX Service Charge & Building Insurance: £1,000/year Rent Review: Every 5 years Next Review: 2028
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/pizzeria-for-sale-camberwell-south-london/

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