Restaurant for Sale in Epsom, Surrey. Epsom Square

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MAIN FEATURES

• Located in Epsom Square
• Circa 1528 sq. ft
• Class E Use (Restaurant/Cafe)
• Fully Fitted & Benefits from Premises Licence

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LANDLORD’S REQUIREMENT

• Six (06) Rent Deposit Required (subject to references)
• Personal Guarantor required
• Bank, Trade & Accountant’s Reference required
• Evidence of financial credibility

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LEASE DETAILS 

• Lease Ending April 2029 (Inside the Act)
• Passing Rent: £44,000 plus VAT
• Service Charge: £6,000 plus VAT per annum
• Rent Review: Every 5 years
• Next Rent Review: April 2024
• Premium: 99,000 (Business, Lease and FF&E)

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PREMISES

• EPC Rating: B
• Area: Total Circa 1528 sq. ft
• Covers: Circa 70
• Benefits from Extraction & Premises Licence
• Permitted Hours: 11am till 12am (Food: Until 12:30 am)
• Rateable Value: 29,750 (Payable Rates: £17,4517)
• *Qualifies for 75% rate relief this year (Payable: £3,711/year)

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THE LOCATION

• Epsom Square, KT19
• High Footfall throughout the day
• Immediate units occupied by retailers like Be At One, Esquires Coffee 

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TRADING

• Weekly Turnover: Circa £9,000 to £10,000 per week (As per the seller)

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REASON FOR SALE

• Other business & commitments

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VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.