Property description

Ranson UK are pleased to offer this duplex commercial unit situated approximately 10 minutes walking distance from Bermondsey Tube Station offering the Jubilee Line.

The unit comprises of a ground floor, first floor and a basement and currently obtains an A3 license running a restaurant with an approximate turnover of £300,000 per annum.

Great opportunity for existing businesses, brand new or somebody looking to continue running a similar business.

Accommodation
Ground Floor: App 824.86 sq ft
First Floor: App 625.35 sq ft
Basement: App 713.01 sq ft
Total accommodation size: App 2,163.22 sq ft

Lease Term/Commencement
Our client wishes to assign the renewable lease which has approximately 16 years remaining.

Rent
£47,000 Per Annum

Premium
£150,000

Legal Fees/Cost
Each party are to bear their own legal cost

Rates
All interested parties are encouraged to make their own enquiries with London Borough of Southwark

VAT
This property is elected for VAT at 20%

Viewings
By Prior Appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.ukTel: 0207 538 4057

Property Features :

• Ground floor, first floor and basement
• Corner unit
• Close to Bermondsey Underground
• 16 years, renewable lease remaining
• Turnover of approximately £300,000 per annum