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Business

Non quoting

Restaurant for sale

Major Draper Street, London SE18
2,300 sq. ft

Non quoting

Restaurant for sale
Major Draper Street, London SE18

    • 2,300 sq. ft

Business

About this property

  • Under Voluntary Liquidation

  • Fully fitted modern bar & restaurant

  • High standard & premium fit out

  • Circa 2,300 sq. Ft with 65 indoor covers

  • Fully fitted commercial kitchen

  • No Gas, electric only

  • Benefits from cold room, extraction & three phase

Under Liquidation Bar & Restaurant for sale in Royal Arsenal, Woolwich

Property id: Rps-22162

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features


Under Voluntary Liquidation
Fully fitted modern bar & restaurant
High standard & premium fit out
Circa 2,300 sq. Ft with 65 indoor covers
Outdoor seating available
Fully fitted commercial kitchen
No Gas, electric only
Benefits from cold room, extraction & three phase

landlord’s requirements

Guarantor if Lease assignment may be required (subject to references)
Rent deposit required
Other usual checks will be carried out
Lease details


Lease: Expiring July 2038 (Outside lta 1954 Act)
Rent: £62,000/annum + VAT plus 6% turnover rent for sales over threshold
Service Charge: £6,500 plus VAT
Rent Review: July 2028 and every 5 years thereafter with 4% cap
Premium: Open To Offers (Lease and ff&E)
The premises


Circa 2,067 sq. Ft with 65 covers & 25 outdoor seating
Circa 230 sq. Ft storage directly adjacent to the kitchen
Fully fitted commercial kitchen
3 phase power supply
Benefits from cold room & storage
Premises licence
Permitted hours: 8am to 11pm
Rateable value: 23,250
Payable business rates: £9,906 (before rhl relief)
The location


Stone throw away from Woolwich Elizabeth Line Station
Part of a mature riverside development and within a fast growing regeneration area
Multiple retail shops & eateries nearby
The business


Under Voluntary Liquidation
Reason for sale


Relocation of the owner
Viewings & confidentiality


All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

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.

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