Occupying a commanding position in a good trading location of the ever-popular Rye Lane, this 645sq.ft. café restaurant is available for the first time in 18 years and has been trading as a café for nearly 40 years. The business benefits from an attractive 48 cover dining area and a well-equipped kitchen. The bustling high street with Rye Lane market and the nearby Aylesham shopping centre ensure plenty of passing trade. In our opinion this is an excellent opportunity to acquire a well-established and profitable business ideal as a family run or a first-time business and with some needed redecoration the business is sure to improve further. Your earliest viewing is recommended.
Peckham district in South East London covered by the Southwark local authorities. Peckham is served by three train stations namely Peckham Rye, Queens Road and Rye Lane with regular services to central London.
Lease : 15 year renewable lease with 4 yearly rent reviews
Rent : £33,300 p.a.
Rates : £15.000 rateable value. Currently zero payable under small business rate relief.
Trade : Takings on application.
Price : £ 119,995 O.N.O to include lease, fixtures & fittings and good will + S.A.V.
Viewing by appointment only.
Misdescriptions Act 1993
Whilst every effort has been made to ensure the accuracy of these particulars they are in no way guaranteed and do not and will not constitute any part of a contract or any other form of agreement. No liability shall attach to Cosar Property & Finance Services in relation to anything stated or omitted from these particulars. All prospective purchasers are invited to and expected to inspect the property to check the accuracy of these particulars and or seek appropriate advice from their surveyor and/or solicitor.