£165,000

Restaurant for sale

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Business

£165,000

(£119.31/sq. ft)

Restaurant for sale

Streatham, London SW2

From 1,383 - 1,384 sq. ft

Local area information

Property location

Nearby amenities

  • Corpus Christi Catholic Primary School 0.1 miles
  • Trinity Academy 0.1 miles
  • Brixton 0.6 miles
  • Brixton 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Brixton to find out more about the area.

Features and description

  • Circa 1384 Sq. Ft (Basement and Ground Floor)
  • Covers : 30 Indoor | 30 Outdoor (Summer only)
  • Benefits from Gas and Extraction
  • Alcohol licence in Place
  • High footfall Area
  • Large Shopfront & Great Visibility
Italian Pizzeria and Restaurant for Sale in Streatham – Circa 1384 with 60 Covers
Main features


Circa 1384 Sq. Ft (Basement and Ground Floor)
Covers : 30 Indoor | 30 Outdoor (Summer only)
Benefits from Gas and Extraction
Alcohol licence in Place
High footfall Area
Large Shopfront & Great Visibility

landlord’s requirements

3-6 Months’ Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references
Lease details


Lease Ending October 2027 (Inside the lta 1954)
Passing Rent: £21,600 plus VAT
Rent Review : Every 5 years
Next Rent Review: October 2027
Premium: £165,000 (Business, Lease & ff&E)
The premises


Circa 1384 Sq. Ft (Basement and Ground Floor)
Covers : 30 Indoor | 30 Outdoor (During Summer)
Rateable Value: 22,000 (Payable Rates: £10,978)
Benefits from Gas and Extraction
Single phase Electric Power
Alcohol Licence
Permitted Hours: 11 till 12am
The location


Streatham, London SW2
0.2 miles to Streatham Hill
1.2 mile to Balham
Trading & financials


Trading as a Italian Pizzeria, Restaurant and Bar
Gross Sales Revenue: Circa £6,500/weekly (£338,000/year) (As per the vendor)
Currently our client manages the restaurant with 5 full time staff including 2 owners and 2 Part time staff
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.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

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  2. Commercial for sale
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