Property for sale

Russell Hill Parade, Purley, CR8

Offers in Excess of £75,000

Property Description

Key features

  • Drastically reduced for quick sale
  • Established 40 years
  • Super Location
  • Living Space above included
  • Long Lease
  • Fully Equipped

Full description

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

Listing History

Added on Rightmove:
10 March 2016

Nearest stations

  • Purley (0.2 mi)
  • Reedham (Surrey) (0.6 mi)
  • Riddlesdown (0.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

David Bright Estates, Purley

951 Brighton Road, Purley, CR8 2BQ

020 8012 0841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Purley (0.2 mi)
  • Reedham (Surrey) (0.6 mi)
  • Riddlesdown (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

David Bright Estates, Purley

951 Brighton Road, Purley, CR8 2BQ

020 8012 0841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference DBE_000920. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by David Bright Estates, Purley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.