Cafe and Large Training Kitchen in Bermondsey For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, nearby schools, strong transport links, diverse residents, and a high proportion of single professionals, BERMONDSEY, LONDON, SE16

Price £65,000

Features

Licenced Electric Café and Training Kitchen (closed)

5 STAR HYGIENE RATING

Total sales area 1,680 sq ft.

Long renewable council lease with 5 year rent reviews.

Fully fitted out ground floor market café, ground floor 750 sq ft approx, with large walk in fridge with 30 inside covers and 24 under cover outside, full drinks licence, with rear vehicle access.

Upstairs, 925 sq ft approx., separate entrance from rear, commercial kitchen.

8x6 hob ranges each with prep table,10 grid Eloma oven, numerous appliances and equipment to many to describe.

* N.B While the premises presently is 100% electric there is a gas to the premises and a mains supply could easily be established. *

Would suit restaurant and catering operations, 10 minutes from Tower Bridge and the city.

Outside

Service road to rear, front are rear enterence.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE council lease granted for 20 years in 2015 with reviews every 5 years (next review 2030) at a current rent of £12,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £65,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote