No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Restaurant Area
Restaurant Area
Restaurant Area
£3,000 pcm | £36,000 pa | 646 sq ft
Added > 14 days

Restaurant to rent

Restaurant in Plough Way, London, SE16
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Restaurant
0 bed
0 bath
646 sq ft / 60 sq m

Property description & features

Nestled in the vibrant Plough Way of London, this charming restaurant property is a gem waiting to be discovered. Boasting a cozy 646 sq ft space, this property offers a unique opportunity for those looking to venture into the culinary world.

The property features a well-structured layout, with a spacious ground floor housing the inviting restaurant area and a well-equipped kitchen, perfect for bringing culinary dreams to life. Ascend to the upper floor to find a small room, a middle-sized room, a large room, and a delightful communal kitchen and shower area.

Earning an impressive income, this property is not only a feast for the eyes but also for the bank account. With a total room income of £3,200 PCM and a restaurant income of an average of £40,000 PCM, the potential for a lucrative investment is evident.

The Heads of Terms present a favorable agreement, with a deposit of 6 months, rent in advance for 3 months, and a premium of £200,000. The annual rent stands at £36,000, with a business rate of £1,024 per annum, making this property a promising prospect for aspiring restaurateurs, 14 years Lease left and it is open end.

Don't miss out on the chance to own a piece of the bustling London culinary scene. This property is not just a space; it's a canvas for your gastronomic aspirations. Book a viewing today and step into a world of possibilities at Plough Way.

Ground Floor Restaurant Area -

First Floor Large Room -

First Floor Middle Size Room -

First Floor Small Room -

First Floor Communual Area -

Kitchen Area -

Wc Area -

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.