Restaurant To Let - Purley - £28,000 pa

DESCRIPTION

Crown Lets 4u Estate Agents are proud to present this A3 licence commercial premises as a Burger Restaurant that was previously running. This shop has a direct front face on Brighton Road, off the High Street. This restaurant is very spacious and recently had been newly refurbished to a very high modern standard. It’s in excellent condition with modern interior throughout and a beautiful customer area with table and chairs, front ice-cream counter and table counter. There is a spacious kitchen area with many restaurant appliances, two costumers wc room and two separate office/storage rooms. 

Comprising an extensively equipped premises, with goodwill/premium is only £60,000 and the Rental is £28,000 p.a. (£2,333.33 PCM) (Previously the restaurant takings was £6,000 per week). There is a possibility of sub-letting the rear of the restaurant (to the Freeholder) for £6,000 p.a (£500.00 PCM) This comprises a small separate kitchen area, for the production of Gelato, completely separate from the restaurant premises. This would give a NET rent payable of £22,000 p.a.

The freeholder can also provide a brand-new lease from 10 to 20 years FRI Lease, with rent review every 4 Years.

Located on a very busy foot fall on Brighton Road/Purley High Street and also serve the surrounding area making it easily accessible to many buses and only a stone throw away from Purley British Rail Station.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 

Rent: £28,000 p/a (£2,333.33 PCM) 
Premium: £60,000
Business Rates: Please call Croydon Council for rates and Business Relief  
Tenancy Type: FRI Lease
Rent Review: tbc
Licence Type: A3
Size: 753.475 Sq Feet (70 Sq Meter), approx.
Building Insurance: tbc
Solicitors Fees: tbc
 
Available Now! Call now for early viewings!
 
 
 

SUMMARY