Lease Assignment Opportunity
An excellent opportunity to acquire a well-located café premises within Bostall Gardens, Abbey Wood. The property is currently occupied but available by way of lease assignment, with landlord consent (subject to satisfactory referencing).
Positioned within a popular public park, the café benefits from consistent footfall, local community use, and proximity to surrounding residential areas.
Key Information
* Rent: £10,000 per annum + VAT
* Lease Term: 10 years from December 2024 (approx. 8+ years remaining)
* Rent Review: 5 yearly
* Premium: £40,000 upfront for equipment
* Business Rates: Tenant to make own enquiries
* Assignment: Subject to landlord consent & referencing
* Deposit: To be confirmed
Accommodation
The premises comprise a purpose-built café unit including:
* Main café serving area
* Ancillary preparation space
* External public convenience facilities
* Located within Bostall Gardens parkland
(Full details and measurements to be confirmed)
Use
Permitted use:
* Café with ancillary hot food sales, takeaway, and deliveries
* Within Use Class E
Lease Terms (Key Points)
* Contracted outside the Landlord and Tenant Act 1954 (no automatic right to renew)
* Tenant responsible for:
* Repair and maintenance (full repairing basis)
* Insurance contribution
* Utilities, rates, and outgoings
* Cleaning café toilets
* Assignment permitted (subject to conditions including potential guarantor and landlord approval)
* Trading requirement:
* Must operate 6 days per week including weekends
* Core hours:
* Apr–Sept: 9:00am – 5:00pm
* Oct–Mar: 9:30am – 4:00pm
Location
Situated within Bostall Gardens, a well-used public open space in Abbey Wood:
* Close to residential catchment
* Regular pedestrian traffic
* Near Abbey Wood station (Elizabeth Line access)
Viewings & Further Information
Strictly by appointment through James Gorey Estate Agents
All property details are provided in good faith and are based on information supplied by the owner to the best of their knowledge and do not form part of any offer or contract. You should verify all information by inspection or with your solicitor. Nothing within the property details constitutes a survey or legal advice and we have not tested any services, equipment or facilities. We are members of ARLA Propertymark, the Property Redress Scheme, TDS and backed by a Client Money Protection (CMP) scheme which guarantees your money is always protected. Our landlord and tenant fees can be viewed at jamesgorey.com along with our Privacy, AML and Referral fee policies.