Restaurant/cafe for sale in Crystal Palace, London SE19

Cafe for Sale in Crystal Palace. High Street Location.

Property id: Rps-21389

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

Main features

Newly Renovated Fully Fitted Cafe
Large Basement with Modern & spacious Commercial Kitchen
High Street Location
Passing trade
Fully Electric, No Gas
5-Star Food Hygiene Rating

landlord’s requirements

Guarantor Required (Subject to References)
3-6 Months Rent Deposit (Subject to References)
Accountant’s references
Trade references

Lease details

Lease Ending: Oct 2031 (Inside the Act of 1954)
Current Rent: £22,000 per annum
Rent Review: Every 5 Years
Next Rent Review: Oct 2026
Premium: £79,000 (Business, Lease & ff&E)

The premises

Circa 916.86 Sq. Ft
Ground Floor: Circa 435 Sq. Ft & Basement: 473 Sq. Ft
Circa 17 covers Cafe
Fully Electric, no Gas
Mid Terrace Premises with Fully Glazed Front, Security Shutters and a New Awning.
Most of the Equipment was purchased New when Established.
New Air conditioning unit
Payable Business Rates: Circa £7,609/annum (Rateable Value: £15,250)
5 Star Food Hygiene Rating
EPC Rating: C

The business

Gross Revenue: We have been informed that the business generates gross revenue of circa £135,000 per annum.

The location

Crystal Palace SE19
Town Centre Location
0.4 mile to Gipsy Hill
0.5 mile to Crystal palace Station
Nearby other national retailers & close to local amenities

Viewings & confidentiality

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.