1. Property photo 1 of 1
Just added
Furnished

£36,700 pa

(£18.67/sq. ft. pa)

Restaurant to let

Selsdon Road, South Croydon CR2
1,966 sq. ft

£36,700 pa

(£18.67/sq. ft. pa)

Restaurant to let
Selsdon Road, South Croydon CR2

    • 1,966 sq. ft

Just added
Furnished

About this property

  • Area: Circa 1966.99 sq. Ft

  • Covers: Circa 150

  • Great visibility with big shop front

  • Gas, extraction & premises licence in place

Fully Fitted Restaurant For Sale in South Croydon. 150 Covers

Property id: Rps-22676

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


Area: Circa 1966.99 sq. Ft
Covers: Circa 150
Great visibility with big shop front
Gas, extraction & premises licence in place

landlord’s requirements

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


Lease: Ending September 2034 (Inside the Act of 1954)
Rent: £36,700 per annum exclusive
Service Charge: £1,100 per annum
Rent review: Every 5 years
Next rent review: September 2029
Premium: £99,500 (Business, Lease & fixtures and fittings)
The premises


Area: Circa 1966.99 sq. Ft
Covers: Circa 150
Benefits from gas & extraction
Premises licence in place

Rateable value: 32,500
Payable Rates this year: Circa £9,652 (with retail relief)
The business


Gross Revenue: We have been informed that the business generates gross revenue of circa £468,000 per annum (£9,000/week).
Our client manages the restaurant with 7 full time & 1 part time Staff (including owner).
The location


South Croydon, CR2
Few minutes from South Croydon train station
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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