Guide price
£50,000
Restaurant for saleBaring Road, London SE12
Business
About this property
Century24 Ltd is delighted to present this excellent opportunity to acquire a well-established Indian tandoori restaurant and take away business on lease ideally located in a vibrant area of Grove Park, South East London.
The premises benefits from a prime position close to local shops, cafés, and essential amenities. The surrounding residential neighbourhoods provide a consistent and loyal customer base, while the area’s lively community events and cultural attractions attract both local residents and visitors, ensuring strong footfall throughout the year.
Important Notice:
Under no circumstances should any direct approach be made to the owner or staff at the premises.
Premises
The property comprises a fully equipped, professional kitchen fitted with modern appliances and high-quality equipment, allowing for efficient day-to-day operations. The business is ready to continue trading immediately.
Business Details
* Business Premium: £50,000 (including fixtures and fittings)
* Rent: £15,000 per annum
Deposit: Quarterly deposit required
* Tenure: 15 years lease with 3 years rent review
* Use Class: A3 & A5
* Business Rates: Tbc (Interested parties are advised to make their own enquiries with the local authority)
* Turnover: Poa
Additional Information:
Century24 Ltd charges an administration fee of 10% of the agreed business premium, payable by the incoming assignee.
Century24 Ltd highly advise early viewing to avoid disappointment.
For more information and to arrange viewing please call our Commercial Lettings Department or leave us a email.
Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
The premises benefits from a prime position close to local shops, cafés, and essential amenities. The surrounding residential neighbourhoods provide a consistent and loyal customer base, while the area’s lively community events and cultural attractions attract both local residents and visitors, ensuring strong footfall throughout the year.
Important Notice:
Under no circumstances should any direct approach be made to the owner or staff at the premises.
Premises
The property comprises a fully equipped, professional kitchen fitted with modern appliances and high-quality equipment, allowing for efficient day-to-day operations. The business is ready to continue trading immediately.
Business Details
* Business Premium: £50,000 (including fixtures and fittings)
* Rent: £15,000 per annum
Deposit: Quarterly deposit required
* Tenure: 15 years lease with 3 years rent review
* Use Class: A3 & A5
* Business Rates: Tbc (Interested parties are advised to make their own enquiries with the local authority)
* Turnover: Poa
Additional Information:
Century24 Ltd charges an administration fee of 10% of the agreed business premium, payable by the incoming assignee.
Century24 Ltd highly advise early viewing to avoid disappointment.
For more information and to arrange viewing please call our Commercial Lettings Department or leave us a email.
Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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Monthly repayment
£250 per month
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