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Property for sale

Lambeth, London

£90,000

Property Description

Key features

  • Restaurant
  • Tenure: Not Selected

Full description

RE/MAX Property Professionals is delighted to offer A3 Restaurant for sale at Kennington.
Kennington is an affluent and fashionable south-east suburb and sort after area to work and live in. The subject property is located on Kennington Road, site is prominent in a visible location surrounded by a number of operators running south from Westminster Bridge Road (at the junction with Baylis Road to the north-east) to Kennington Park Road.

The Restaurant is an exceptionally presented building on a visible plot with and attractive character. There is plenty of customer seating across the ground floor with kitchen located in the basement. Outside seating is possible in front of the property
Bar: large under counter display wine fridge, computerised till and printer, ice machine, CCTV system with 2 cameras, monitor.

Restaurant area: The decor is modern and the seating consists of booths and chairs.
stairs to basement with more intimate seating.
Groung floor : 410 sq ft
Basement floor : 546 sq ft
ladies’ & gentlemen’s w.c. & wash hand basin
kitchen with dishwasher, large walk in fridge, 2 deep freezers, Tandoori oven, 6 gas burner.

Trading hours:
Monday - Friday inclusive – 18:00 – 15:00 and 18:00 - 23:00
Saturday & Sunday opening – 12:00 – 23:00 p.m.
Number of employees: the business is at present managed by the owner with the assistance of 4 full time staff.
Premium: £ 90,000
Tenure: leasehold
term: 20 Years from 03/04/2000
Rent review: every five years from 03/04/2000
Rent: £16,500 pa
Rate: £4617 pa
An excellent opportunity for a ‘hands on’, creative and experienced operator to take this business on to the next level and to further develop the customer base by taking advantage of a first class London location. it really is a great community of foodies!


Listing History

Added on Rightmove:
15 June 2016

Map & Street View

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