A Greenwich restaurant on Trafalgar Road is for sale at £30k, featuring a 9-year lease, fitted kitchen, and garden in a busy SE10 location
Property for Sale in Greenwich SE10
The property is offered at a premium of £30,000. It is currently occupied by a restaurateur and is being sold as an ongoing business concern.
Lease and Rent Details
The ongoing lease for the premises lasts for nine years. The current annual rent is £35,000, as reported by London Now. A rent review will occur every three years.
Property Location and Features
The property is located on Trafalgar Road in Greenwich SE10. It is in a busy parade of shops and has a double front, providing excellent light exposure. The premises stand out in the local area and are beautifully designed.
Size and Value
The total size of the property is 135 square metres, which is just over 1,454 square feet. The rateable value is £24,000, a figure used for business rates by local authorities.
Lease and Interior Details
The property has a full repairing and insuring lease. It features well-appointed interiors, including a fitted kitchen with all equipment and a built-in bar in the basement. The kitchen equipment is fully functional, and the space is well-designed with flexible layouts.
Licensing and Fees
The property is believed to have a Class E Licence (formerly A3). Interested applicants must apply to the local council for the necessary business license. Agency fees of £2,300 apply to any buyer.
Additional Features
The property also includes a garden. Interested parties can arrange a viewing by contacting the listed office.
Summary of Property Details
| Detail | Information |
|---|---|
| Price | £30,000 |
| Annual Rent | £35,000 |
| Lease Duration | 9 years |
| Size | 135 sq m (1,454 sq ft) |
| Rateable Value | £24,000 |
| Agency Fees | £2,300 |
