**Standout Features:**
- Vacant bar in vibrant Peckham, London
- Ground floor and basement with a total area of 223 square meters
- External seating for 12 covers
- Existing commercial kitchen and licensing until 1:30 AM on weekends
- Close proximity to Queens Road Peckham Station
**Potential Concerns:**
- The bar has been closed since July 2022
- Leasehold with 6 years remaining, which may limit financing options
- Located in a high-crime area with a need for community engagement
Located in the lively and gentrifying area of Peckham, this spacious bar and restaurant presents an exciting opportunity for investors or operators looking to tap into a thriving local scene. With a sizable ground and basement area, equipped commercial kitchen, and the ability to accommodate outdoor seating for up to 12 patrons, this venue offers great potential for revitalization. The longer-than-average trading hours, particularly on weekends, are an attractive feature that provides flexibility for various functions, whether for dining, private events, or nightlife.
However, interested buyers should note that the property has been vacant since July 2022, presenting renovation opportunities yet to be tapped. The 15-year lease has 6 years remaining, which could hinder financing options, as lenders may view limited lease duration unfavorably. Despite these caveats, the bar's location—just moments from an overground station and surrounded by local amenities—positions it ideally for future success in a vibrant community known for its eclectic blend of culture, art, and nightlife. Don't miss out on this unique opportunity to establish a business in one of London’s up-and-coming neighborhoods.