Property for saleRussell Hill Parade, Purley, CR8
Offers in Excess of
- Drastically reduced for quick sale
- Established 40 years
- Super Location
- Living Space above included
- Long Lease
- Fully Equipped
Drastically reduced for quick sale
Long Lease FOR SALE
Restaurant & Take Away
Established and well run Restaurant premises with A3 use and alcohol licence (subject to PP).
This retail unit comprises of; tables and chairs providing seating for 50 covers; bar counter with drinks display, cash register, Male and Female Toilets with hand basin.
Fully equipped kitchen and cold store facilities included - comes with all equipment and fixtures as a readymade business.
Living accommodation on upper floors currently let producing good income.
Ideal suited as a family run business or a lock up restaurant with investment income from the accommodation units above.
We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £200,000 p.a. exclusive of rates
WE ARE INFORMED this long established restaurant averages a healthy turnover and in our opinion offering tremendous potential for further increase in the right hands.
The property accommodation upstairs comprises of; 4 bedrooms, kitchen, bathroom & WC; ideal for a family occupiers of the business or rented out to generate additional income. Gas Central Heating.
HIGHLY RECOMMENDED FOR EARLY INSPECTION
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