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Restaurant to rent

73 Bexley High Street,Bexley,DA5

Let Agreed 450 sq. ft. | £9,500 pa| £792 pcm

Property Description

Commercial information

  • 450 sq ft (41 sq m)
  • Use class orders: A1 Shops, A2 Financial and Professional Services and A3 Restaurants and Cafes

Letting information:

Furnishing: Furnished

Key features

  • A3 Restaurant
  • Prominent Main Road Frontage
  • 34 Covers

Full description

Situated in a prominent location in a popular trading position within a affluent commuter area with active evening trade. Surrounding occupiers include four public houses, various restaurants/take-aways and in close proximity to the railway station.

This established restaurant is offered for sale by the owners and operators who have decided to sell the business to spend more time with their family and to travel.

The restaurant has a Mediterranean theme and currently has 34 covers and is fully licensed. The business is to be sold to include all equipment, fixtures and fittings untested) including seating. Currently there are two part time employees. It is considered that there is further scope for growth and extended trading. Currently the business offers, in addition to its normal restaurant activities, afternoon tea, culinary workshops and limited take-away business. Permitted trading hours: Mon-Sat 11.00am-11.00pm. Sun 11.00am to 10.30pm.

Premium Price: 55,000 to include goodwill, fixtures and fittings.

Held upon a full repairing and insuring lease expiring in 2025 at a current rental of only 9,500 per annum exclusive rising to 10,500 per annum exclusive in 2018. There is a further rent review planned in 2020. The lease includes a tenant only break clause operable upon three months' notice in 2020.


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