Restaurants for sale in London

View the "FITTED 3,500 SQ FT RESTAURANT LEASE FOR SALE - PECKHAM RYE, SE15" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

FITTED 3,500 SQ FT RESTAURANT LEASE FOR SALE - PECKHAM RYE, SE15

London, England

  • Leasehold Price: £200,000
  • Annual Turnover: £650,000
Seller Reference: Peckham
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Business Description
 
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Seller Reference: Peckham
Request Details
Business Description
3500 sq ft ground floor restaurant in a high footfall location moments from Peckham Rye Station. The property benefits from significant investment having been fitted out from shell condition only 3 years ago and offers a true turnkey business. The current owner operator is ideally looking for an experienced operator who can build on the existing successful business which boasts a net turnover in excess of £650,000 per annum. There is scope to increase sales easily via the sale of alcohol as it currently trades as BYO only.
Tenure:
Leasehold
Location Details:
Ideally located within the heart of Peckham Rye, one of London's most up and coming neighbourhoods moments from Peckham Rye Station. Market Peckham at 133 Rye Lane is also being transformed into a 21,000 sq ft shared workspace with three independent restaurants / bars, a live music venue and events space. Also in the vicinity are the Bussey Building & Copeland Park, Franks Café, Peckham Levels and Bold Tendencies. Nearby operators including Levan, Peckham Bazaar, Artusi, Pedler & Honest Burger
Leasehold Term:
New lease subject to 5 yearly rent reviews at a rent of £156,000 pa
Downloadable Documents:
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