The Avenida Restaurant site is available for £36,000 per year (£3,000 pcm), with a negotiable premium of £130,000 for goodwill, according to the listing on Zoopla.
The restaurant, which has built a reputation for steaks and cabaret nights, is described in the listing as a “rare opportunity” due to its fully stocked bar, dance floor, bandstand and 2am late-night entertainment licence.
The restaurant has a 3,000 sq ft double-fronted A3 unit, providing a large open-plan dining space, a separate bar area, and a fully equipped kitchen.
The interior has a mock Tudor-style design, and the property also includes several ancillary rooms for storage and staff use.
At the rear, there is a yard measuring 80 ft x 60 ft, which is accessed via concrete steps.
The restaurant is situated in a busy location in Welling, just off the High Street on Bellegrove Road, which the listing says benefits from high footfall and passing trade.
It is close to Welling train station and has good transport links to central London and the M25.
The listing makes it clear that this opportunity is only open to experienced operators with proven funding, stating that “no consideration will be given to those with a lack of experience and no provable funding.”
The flats above the restaurant are not included in the lease, and any potential tenants would be expected to cover their own legal fees unless they withdraw from the process, in which case they would have to reimburse any legal fees incurred.
Avenida has been a recognisable name in Welling for years, and its size and entertainment licence mean it could continue as a late-night restaurant and bar, or be turned into something completely different.
With its large space and established location, the listing highlights that it may attract interest from restaurant chains or independent hospitality operators.
Those interested are directed to contact Harpers & Co, with Dr Jak Kypri listed as the sole agent for enquiries.
