£36,000 pa
(£55.73/sq. ft. pa)
Restaurant to letRestaurant In Plough Way, London SE16
646 sq. ft
Just added
Furnished
About this property
Nestled in the vibrant Plough Way of London, this charming restaurant property is a gem waiting to be discovered. Boasting a cozy 646 sq ft space, this property offers a unique opportunity for those looking to venture into the culinary world.
The property features a well-structured layout, with a spacious ground floor housing the inviting restaurant area and a well-equipped kitchen, perfect for bringing culinary dreams to life. Ascend to the upper floor to find a small room, a middle-sized room, a large room, and a delightful communal kitchen and shower area.
Earning an impressive income, this property is not only a feast for the eyes but also for the bank account. With a total room income of £3,200 pcm and a restaurant income of an average of £40,000 pcm, the potential for a lucrative investment is evident.
The Heads of Terms present a favorable agreement, with a deposit of 6 months, rent in advance for 3 months, and a premium of £110,000. The annual rent stands at £36,000, with a business rate of £1,024 per annum, making this property a promising prospect for aspiring restaurateurs, Just under 14 years Lease left and it is open end.
Don't miss out on the chance to own a piece of the bustling London culinary scene. This property is not just a space; it's a canvas for your gastronomic aspirations. Book a viewing today and step into a world of possibilities at Plough Way.
Ground Floor Restaurant Area
First Floor Large Room
First Floor Middle Size Room
First Floor Small Room
First Floor Communual Area
Kitchen Area
Wc Area
The property features a well-structured layout, with a spacious ground floor housing the inviting restaurant area and a well-equipped kitchen, perfect for bringing culinary dreams to life. Ascend to the upper floor to find a small room, a middle-sized room, a large room, and a delightful communal kitchen and shower area.
Earning an impressive income, this property is not only a feast for the eyes but also for the bank account. With a total room income of £3,200 pcm and a restaurant income of an average of £40,000 pcm, the potential for a lucrative investment is evident.
The Heads of Terms present a favorable agreement, with a deposit of 6 months, rent in advance for 3 months, and a premium of £110,000. The annual rent stands at £36,000, with a business rate of £1,024 per annum, making this property a promising prospect for aspiring restaurateurs, Just under 14 years Lease left and it is open end.
Don't miss out on the chance to own a piece of the bustling London culinary scene. This property is not just a space; it's a canvas for your gastronomic aspirations. Book a viewing today and step into a world of possibilities at Plough Way.
Ground Floor Restaurant Area
First Floor Large Room
First Floor Middle Size Room
First Floor Small Room
First Floor Communual Area
Kitchen Area
Wc Area