Detached house for sale

Nuxley Road, Belvedere

Offers in Excess of £450,000

Property Description

Key features

  • MIXED FREEHOLD RESTAURANT & FLAT
  • RARE TO MARKET
  • 40 COVER, WELL SPECIFIED RESTAURANT
  • FULLY AIR CONDITIONED
  • FULL GAS THROUGHOUT
  • REAR CAR PARK WITH PRIVATE PARKING
  • EXCELLENT KITCHEN
  • HUGE SCOPE FOR IMPROVEMENT
  • PROFITABLE WITH GOOD GP RATIO
  • SERIOUS ENQUIRIES ONLY

Full description

FREEHOLD FOR SALE RESTAURNAT WITH 2 BED SELF CONTAINED FLAT £420,000
Freehold restaurant with 40 covers & self contained 2 bedroom flat above for SALE. Offers in the Region of £420,000 to include fixtures, fittings and goodwill.

Harpers & Co are delighted to offer this rarely available to market three storey mixed use building which comprises an established and popular A3 restaurant (Asian cuisine) on the ground floor that can accommodate 40 plus covers, with a well specified bar, kitchen and storeroom ancillary area. The ground floor restaurant currently generates between £5,000 - £6,000 a week and works on a GP of 45 plus %.

This highly profitable and popular business also has scope for improvement and some potential for uplift. The restaurant is well specified, attractively decorated and is fully air conditioned throughout. A well stocked bar and a full and working drinks licence to 12AM is in place.

To the rear of the building is a staircase which leads to a split level two bedroom self contained maisonette which is also included which could benefit from a slight refurbishment however nonetheless offers excellent living quarters for staff or could be rented out to provide an income of approximately £1,100 pcm.

Harpers & Co are delighted to offer this rare to market freehold property which will invariably appeal to entrepreneurs and restaurateus as this is an excellent trading position in a popular and dynamic area of Nuxley Village. Serious enquiries only through Sole Agents Harpers & Co who can be contacted on 01322 524 425.

Location 
This large commercial property comprising ground floor restaurant with upper floor residential aspect is located on the popular Nuxley Road in Belvedere's Nuxley Village. The area has excellent communication links and travel links to the A2, M25 & central London and is particularly popular amongst the local population. The property is surrounded by strong multinational covenants such as Barclays, Sainsburys, Coral & Ladbrokes and a host of other popular retailers. The property enjoys good footfall and excellent vehicular passing trade.

Description 
This well specified 40 cover restaurant is available Freehold for sale for Offers in the Region of ?450,000 and it is the first time it has become available on the open market. The ground floor restaurant in its entirety has a Gross Internal Area (GIA) of just over 700 sq ft (65 sq meters). The front of the restaurant has a well specified seating area which is broadly divided into two halves and is fully air conditioned with new tables, chairs and bench areas to allow of tables of 2, 4, 6 or more. This leads onto a well specified and designed bar with a selection of optics and drink dispensers. The ground floor restaurant has an attractive powder aluminium shop front. To the left is a WC which then leads into the kitchen ancillary store area which is well specified with a full range gas hob and a large Tandoori oven along with full stainless steel extraction throughout. To the rear of this is a large walk-in cold room of approximately 2.5 meters x 3 meters which is in...

Terms 
This proerty is offered Freehold for sale for both the restaurant and the self-contained flat for Offers in the Region of £450,000. This is to include, fixtures, fittings and goodwill for what is a popular eatery.

VAT 
There is no VAT to be charged on this property.

Legal Costs 
Each party is to pay their own legal costs in this transaction.

Rates  

Harpers & Co Special Remarks 
We are delighted to offer this rare to market mixed Freehold property which offers an excellent restaurant with huge potential and it's own large split level self-contained split level maisonette above. The restaurant has an excellent reputation within the local community, enjoys good passing trade, and has scope for improvement. The property also benefits from ample parking on the front street and also to the rear which is private and allocated. We are encouraging early viewings as this property is excellent and holds massive potential.

More information from this agent

Listing History

Added on Rightmove:
27 January 2016

Nearest stations

  • Belvedere (0.7 mi)
  • Abbey Wood (1.2 mi)
  • Erith (1.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Harpers & Co, Bexley

Harpers House, 8 Bexley High Street, Bexley, DA5 1AD

01322 535024 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

  • Belvedere (0.7 mi)
  • Abbey Wood (1.2 mi)
  • Erith (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Harpers & Co, Bexley

Harpers House, 8 Bexley High Street, Bexley, DA5 1AD

01322 535024 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 6160921. 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 Harpers & Co, Bexley. 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.

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