Pizza & Grill Shop in Croydon – REF: RB546

Description

Right businesses are pleased to offer to the market this A3 restaurant / takeaway on main road in Croydon provides a ground floor restaurant area with storage. The property occupies a prominent position within a popular parade and within easy access of major road networks. The premises are located in a highly populated residential area, on a thriving parade of shops in Croydon, which attracts people to the area with accessible street parking. Established as Stoned baked pizza shop in 2024, which could obviously be continued & in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine.

Tenure: The premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a current rental of £12,500.00 p.a with a rent review every 3 years and business rates: - Nil

Turn Over: We are informed the turnover currently averages £4,500.00 p. w to £5,000.00 p. w in our opinion offering tremendous potential for further increase in the right hands.


PLEASE NOTE: THESE PARTICULARS PROVIDE A GENERAL OUTLINE ONLY. IT IS ADVISED THAT PROSPECTIVE PURCHASERS MAKE THEIR OWN ENQUIRIES. THESE DETAILS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT. ALL STATEMENTS OR DETAILS CONTAINED WITHIN THESE PARTICULARS ARE WITHOUT ANY RESPONSIBILITY ON ANY PART, TO RIGHT BUSINESS. RIGHT BUSINESS CHARGES A FEE OF £500 AS ADMIN FEE FROM PROPOSED BUYER. A HOLDING DEPOSIT WILL BE REQUIRED TO SECURE THE PROPERTY; THE DEPOSIT WILL BUY A PERIOD OF EXCLUSIVITY AND WILL BE HELD IN THE RIGHT BUSINESS ACCOUNT.

Ad ID: 1502334180