Restaurant Lease For Sale - Streatham Hill - £120,000


Crown Lets 4u are proud to present this A3/A5 commercial premises as a Pizzeria & Trattoria Restaurant running and a successful business for sale. This triple shop front has a direct front face on Sternhold Avenue, off Streatham High Road. This Pizzeria & Trattoria Restaurant has a modern interior throughout and a beautiful customer area with table and chairs, front bar counter/counter, spacious side kitchen area with original clay pizza oven and all kitchen goods. The huge basement consists of modern costumer toilets, a private office, a spacious preparation/kitchen area and also a charcoal storage room. This premises is newly decorated and it is in an excellent condition and has the benefit of a prominent position. This premise is on the market for rent at £22,000+VAT on an existing 15 years lease and has 9 years left. The running business is for sale at £120,000 and is making net profit in the region of £70,000 to £80,000 per annum. The premises measures 1,506.82 sq ft and the EPC rating is C.
Located on a busy Sternhold Avenue and also serve the surrounding area making it easily accessible to many buses and only a stone throw away from Streatham Hill British Rail Station.
Rent: £22,000 p/a (£1,833.33 PCM) +VAT
Premium: £120,000
Business Rates: Nil (Business Relief)
Tenancy Type: tbc
Rent Review: tbc
Licence Type: A3/A5
Size: 1,506.82 Sq Feet (140 Sq Meter)
Building Insurance: tbc
Solicitors Fees: In-Going tenant will pay all parties legal costs
Available Now! Call now for early viewings!
Triple Shop Front
Eating-In Costumer Area
Mini Bar/Counter Desk
Original Clay Pizza Oven
Two Kitchens
Huge Basement
Costumer Toilets
Private Office Room
charcoal storage room


Interested in this property?

Call Crown Lets 4u Estate Agents:

Monday to Friday:

9.00am to 7.00pm


10.00am to 5.00pm

Norbury Branch:
020 8764 1111
Croydon Branch:
020 8684 6677