Restaurant for sale

Selsdon Road, South Croydon, Surrey, CR2

POA

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes

Key features

  • Well Established Restaurant Business For Sale
  • Unit To Let
  • 54 Covers
  • Good size bar
  • Large well equipped kitchen
  • Situated on west side of Selsdon Road

Full description

Tenure: Leasehold

WELL ESTABLISHED RESTAURANT BUSINESS FOR SALE

UNIT TO LET

Location:

The property is situated on the west side of Selsdon Road in the centre of the local business district of South Croydon. The main clearing banks are located nearby and South Croydon railway station is within a quarter of a mile.

Description/Accommodation:

The property comprises a fully fitted restaurant with 54 covers and good sized bar. There is additional storage facilities in the basement. There is a large well equipped kitchen to the rear with ample storage and walk in fridges.

Retail Area: 99.35 sq m (1069 sq ft)
Kitchen: 47.13 sq m (507 sq ft)
Basement: 48.41 sq m (521 sq ft)
External Storage: 10.49 sq m (113 sq ft)
Total: 205.38 sq m (2211 sq ft)

Terms:


The Lease:

The property is available on an existing lease with a term of 12 years remaining, at a rent of 24,000 per annum, subject to review in 2 years time.

The Business: 

The business is for sale at a premium of 85,000. Stock to be purchased at cost. Accounts are available on request to bona fide applicants.

NB: All terms are Subject to Contract. We understand that VAT is not applicable.

Business Rates: 

According to the Government website the property has a Rateable Value of 15,000. The UBR for 2016/17 is 48.4p in the .

Legal costs:

Each side to be responsible for their own legal costs incurred in this transaction.

Energy Performance Certificate
Full information available upon request.

More information from this agent

Nearest stations

  • South Croydon (0.2 mi)
  • Lloyd Park (0.7 mi)
  • George Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Gildersleve & Payne, Surrey

31 Station Road West, Oxted, Surrey, RH8 9EE

01883 338542 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

  • South Croydon (0.2 mi)
  • Lloyd Park (0.7 mi)
  • George Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Gildersleve & Payne, Surrey

31 Station Road West, Oxted, Surrey, RH8 9EE

01883 338542 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 18SRC. 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 Gildersleve & Payne, Surrey. 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.