Prime Restaurant Unit in Boxpark Croydon

Key Features

• Prime Self Contained Unit
• Fully Fitted to High Standard
• Excellent Transport Links
• Very Strong Delivery Zone
• Low Rent

Description

An excellent fully fitted restaurant unit with full extraction facilities set out entirely on one floor, with a seating capacity of 40 covers.

Available area

The accommodation comprises the following areas:

Location

Very prime location in the ever popular 'Boxpark' development on George Street in the heart of Croydon.

Tenure

An assignment of the existing lease expiring in September 2026. The Lease is drawn outside the security of tenure provisions of the Landlord and Tenant Act 1954.

Passing Rent

£50,000 per annum exclusive plus an 8% turnover provision.

Premium

Nil or nominal premium sought.

Planning/Licensing

The premises benefit from E Class planning use with a premises licence in place to serve alcohol with the provision of table meals with the standard restaurant hours and conditions.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.