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292B Walworth Road, London, SE17 2TE

  • Restaurant
  • 1,350 sq ft
  • Lease Assignment
292B Walworth Road, London, Restaurant Lease Assignment - Pic 1.jpeg
292B Walworth Road, London, Restaurant Lease Assignment - pic 2.jpg
292B Walworth Road, London, Restaurant Lease Assignment - Street View
Property Type Restaurant
Tenure Lease Assignment
Size 1,350 sq ft
Rent £43,000 per annum
Energy Performance Rating Upon enquiry

Fully Fitted Middle Eastern Style Restaurant With Covered Outside Seating on a Prime Corner Location

Key Features

  • Extremely Prominent
  • Fit Out To An Excellent Condition
  • Profit Making
  • Fair Market Rent
  • Good Term Left on Lease

Description

The premises are fully fit as a Lebanese style restaurant with an array of fixtures and fittings. The ground floor is laid out to accommodate approc=ximately 40 covers plus and open style kitchen and serving station. The basement houses the kitchens, storage and toilets.

There is a covered forecourt allowing another 16 covers .

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 700 65.03
Basement 450 41.81
Outdoor 200 18.58
Total 1,350 125.42

Location

Premises are located on a prime corner on Walworth Road a busy High Street location in Elephant & Castle in South East London.

Tenure

An assignment of the existing full repairing and insuring lease for a term remaining of 15 years subject to 5 yearly rent reviews

Passing Rent

£43,000pax

Premium

Upon Application to include the leasehold interest, Fixtures and fittings and a business that is showing good net profits on the accounts.

VAT

All figures quoted maybe subject to VAT

Holding Deposit

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

Confidentiality

Under no Circumstance is anyone to approach staff about this opportunity