£110,000

Restaurant for sale

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Just added
Business

From

£110,000

(£110,000.00/sq. ft)

Restaurant for sale

East Street, London SE17

1 sq. ft

Local area information

Property location

Nearby amenities

  • Robert Browning Primary School 0.1 miles
  • University Academy of Engineering South Bank 0.1 miles
  • Elephant & Castle 0.5 miles
  • Elephant & Castle 0.6 miles

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

Read our area guides for Walworth, Elephant and Castle and Newington to find out more about the local area.

Features and description

Asking Price: £110,000 + Stock
Annual Rent: £20,000
Lease: 12 Years Remaining
Turnover: Approx. £3,500 per week

An excellent opportunity to acquire a well-established and profitable retail business in a busy and densely populated area of South London.

Trading successfully for over 12 years, this business enjoys a strong and loyal customer base with consistent weekly turnover. The location benefits from close proximity to two schools and a university, generating regular footfall throughout the day.

A new market is due to open next to the premises, which is expected to significantly increase passing trade and visibility.

The property offers a spacious ground-floor retail area along with a large basement, currently used for storage, providing excellent potential for expansion or alternative use (subject to consent).

Key Features:

Established business with over 12 years’ trading history

Weekly turnover of approx. £3,500

Long and secure lease with 12 years remaining

Attractive rent of £20,000 per annum

Opening hours: Monday to Saturday, 11:00 am – 11:00 pm

Located near schools and a university

Upcoming market development nearby

Large basement suitable for storage or future use

Ideal for owner-operators or investors seeking a proven business in a high-footfall area with strong growth potential.

Viewings strictly by appointment only. Early interest advised.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Right Estate. 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 Right Estate for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Walworth
  6. East Street