City of London, London, ID 168999
The business is a retirement sale of a restaurant established for 20 years, currently generating a weekly turnover of approximately £10,000. Staff are unaware of the sale and should not be approached. Situated in a prominent main road position in Borough, London SE1, the location benefits from strong footfall due to its proximity to Borough Market, London Bridge Station, and Borough Underground Station. The area is a vibrant mix of residential, office, and commercial occupiers, supporting strong weekday and weekend trade. The ground floor premises extend to approximately 608 sq ft and include an air-conditioned dining area with around 40 covers. The bar is fully equipped with EPOS, under-counter refrigeration, wine chiller, glasswasher, ice machine, ice cream freezer, and a 2-group coffee machine with grinder. CCTV is installed throughout. Customer facilities include male, female, and disabled toilets. To the rear is a fully fitted commercial kitchen with stainless steel extract canopy, electric pizza oven, burner hob, oven, pasta boiler, twin basket fryer, upright freezer, double-door fridge, refrigerated prep counters, and stainless steel preparation areas. Additional space includes a store room, office, staff cloakroom, and external bin store. The rent is £45,000 per annum, fixed until the next review. The lease is for 20 years expiring in December 2040, with a rent review in 2030 and held inside the Landlord and Tenant Act. The rateable value is £49,000 from April 2026.
