Fully Fitted Restaurant, Crystal Palace, London, SE19

  • Restaurant
  • 1,636 sq ft
  • Lease Assignment
Fully Fitted Restaurant, Crystal Palace, London, Restaurant Lease Assignment - AdobeStock_112257403.jpeg
Property Type Restaurant
Tenure Lease Assignment
Size 1,636 sq ft
Rent £69,000 per annum
Premium £125,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Crystal Palace Restaurant

Key Features

  • Alochol Licence
  • Includes 2 bedroom Flats upstairs
  • Lease Assignment
  • High Street Location
  • Outdoor Seating

Description

The premises is fully fitted as a restaurant with a fully fitted kitchen with extraction and a fitted bar. The restaurant is trading all on the ground floor. With great décor to excellent standard. There is 4 tables outside for customer seating. As well as two flats upstairs that are 2 bedrooms, with a separate entrance.

Available area

The accommodation comprises the following areas: There is 2 x 2 bedroom flats available

Name Sq ft Sq m
Ground 1,636 151.99
Total 1,636 151.99

Location

The premises is located on Westow Hill, with great footfall throughout the day with an abundance of restaurants and bars serving in the immediate vicinity.

Tenure

An assignment of the existing lease expiring in 2030, granted inside the security of tenure provisions of the Landlord & Tenant act 1954, Part 2 as amended.

Rent

£69,000 per annum.

Premium

Offers in the region of £125,000 to include the lease, license and all fixtures and fittings.

VAT

All prices quoted may be subject to VAT if applicable.

Planning/ Licence

The premises benefit from Class E planning and we understand the property has a premises license in place permitting the sale of alcohol until 9am till 1:00am Monday to Saturday and Sunday till 11.30pm.

Holding Deposit

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.