Selsdon Road, South Croydon, CR2
£99,500 – Leasehold
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This popular restaurant in South Croydon having been owned by the current owner for 27 years with a genuine reason to sell, Offering a large front garden/terrace dining area and seating capacity for in excess of 100 people with a large bar area all set over the ground floor.
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Property overview
Everything you need to know about the property
LOCATION
The restaurant is located on a busy parade within South Croydon and in a highly prominent location. Selsdon Road is an exceptionally busy thoroughfare and the property benefits from significant volumes of passing vehicular traffic and a good deal of pedestrian flow.
There are short term parking bays on within the local and surrounding roads.
Occupying the whole ground floor restaurant with additional outside dining/sitting area, benefiting from a fitted kitchen, stainless steel extractor unit, 6-burner cooker, charcoal grill, combi oven, 4 fridges, freezer, 2 microwaves, double sink and drainer, 2 stainless steel preparation tables with extraction (not tested) Ladies’ & gentlemen’s plus disabled toilet with w.c.,
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE 10 YEAR RENEWABLE lease with a 5 year break clause from a private landlord, at a current rent of £36,700 p.a. until 2030.
Business Rates from April 2022 £9,500 approx. (Please contact local authority to confirm)
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