North Greenwich, SE10: A1 Licence for sale opposite O2 Arena

A new A1 Licence Cafe and Gelato Parlour is available for sale in North Greenwich, SE10, just opposite the O2 Arena.

The premises for sale are arranged over the ground floor and benefits from an outside area. The external patio includes a sitting area for around 20 covers.

The unit presence on the entrance of a long bar and sitting area. At the back, you will find a toilet, staff room and preparation area.

The premises were fully furnished last year and present modern decor. The furniture and equipment were delivered from Italy and are completely functional. The Premises are also protected by CCTV Cameras and smoke fogging alarm system

The Premises are currently running as a Gelato Parlour, offering a wide range of artisanal Gelato (which receipts were crafted by specialized chefs) and deserts. Interested parties can benefit in purchasing an existing business, generating a healthy turnover. You might also be interested in a change of use, as the Premises can run as well as a cafe or dessert parlour.

The shop sits on a large road, just opposite the location where the new Exit for the North Greenwich Station will be.

Requirements

• RENT: £30,000 pa, now reduced to 1,500 per month, until the works in the opposite street will be completed.
• PREMIUM: £150,000
• BUSINESS RATES: TBC
• LEASE: 9 years remaining of the Ten years lease, held within the Landlord and Tenant’s Act 1954.
• STOCK: Part of a separate negotiation

Location

The premises are located in an ideal location, just opposite the famous O2 Arena.

It will take you only a couple of minutes to reach the Premises out of the station.

The O2 Arena brings thousands of people every month, reaching the Arena for the various events that are held here. Families and young people go to the area especially during the weekends, thanks to the various open spaces and events coming in the area.

The Emirates Airline Cable Cars is just a few hops away from the Premises, bringing a huge amount of tourists in the area.

North Greenwich falls within a large renovation programme, bringing new residential and office spaces in the area. The first new residential block has just been completed and will bring around 20000 people in the coming months. The other building project will be finished in the next 2 years.