Peckham Rye Bar

Key Features

• High Standard Fit Out
• High Footfall Every Day of the week.
• Very close to Peckham Rye Overground
• 1am Licence on Friday and Saturday

Description

The premises are fully fitted in good condition trading as a lively bar, accommodating approximately 80 covers. Trading all over ground floor, with customer toilets and storage all to the rear of the property.

Available area

The accommodation comprises the following areas:

Location

The bar is situated in a good position on Peckham Rye, with good footfall every day of the week, day and night. The premises is located close to operators such as Old Spike Roastery, Good Neighbour, Bahn Bahn and En Root. The nearest station is Peckham Rye (Overground), which is a 9 minute walk away

Tenure

An assignment of the existing full repairing and insuring lease, expiring in five years. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954. The landlord will grant a new lease to the incoming operator.

Passing Rent

£42,000 per annum exclusive.

Premium

Offers invited.

VAT

All prices quoted may be subject to VAT if applicable.

Licence/Planning

The premises benefit from Sui Generis planning use with a premises licence in place to serve alcohol with the following times: Monday to Thursday: 9:00 to 23:30 Friday & Saturday: 9.00 to 01:00 Sunday: 9:00 to 23:30.

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.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.