£120,000

Restaurant for sale

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Business

£120,000

(£69.06/sq. ft)

Restaurant for sale

South End, South Croydon CR0

2,172 sq. ft

Local area information

Property location

Nearby amenities

  • Croydon Metropolitan College 0.1 miles
  • Heathfield Academy 0.2 miles
  • South Croydon 0.4 miles
  • East Croydon 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Croydon to find out more about the local area.

Features and description

  • Leasehold assignment and business for sale
  • Ground Floor : Circa 2,090.99 sq. Ft
  • Basement: Circa 875.53 sq. Ft
  • Fully Fitted Commercial Kitchen
  • Gas & Extraction in Place
  • Circa 100 Covers
  • Premises Licence in Place
100 Cover Restaurant for sale in South Croydon. Circa 2,172.33 Sq. Ft
Main features


Ground Floor : Circa 2,090.99 sq. Ft
Basement: Circa 875.53 sq. Ft
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Circa 100 Covers
Premises Licence in Place

landlord’s requirements

Personal Guarantor Required (Subject to References)
3-6 Months Rent Deposit Subject to References
Accountant’s references
Trade references
Lease details


Lease Ending : December 2040 (Inside the Act of 1954)
Rent: £43,000 pax
Rent Review: Every 5 years
Next Rent Review: December 2025
Premium: £120,000 (Business, Lease & ff&E) + sav
The premises


Ground Floor : Circa 2,090.99 sq. Ft
Basement: Circa 875.53 sq. Ft
Circa 100 Covers
Payable Business Rates: Circa £19,960/annum (Rateable Value: £40,000)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place
The business


Gross Revenue: We have been informed that the business generates gross revenue of circa £468,000 per annum (£9,000/week).
The location


South Croydon CR0
0.4 mile from South Croydon Train Station
0.9 mile from East & West Croydon
Adjacent to Multiple Retailers
Viewings & confidentiality


All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Croydon (London Borough)
  5. South Croydon
  6. South End

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