Restaurant for Sale in Sutton, London

  • Premium £80,000
  • £26,000/Annum
High Street, Sutton, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Sutton, London

High Street, Sutton, UK
  • Premium £80,000
  • £26,000/Annum

Description

Restaurant for Sale in Sutton, London. 1 Bed Flat Included


MAIN FEATURES

  • 1-Bed Flat for Staff Accommodation (NO Separate Access)
  • Next to Sutton High Street
  • Attractive Location
  • Fully Fitted & Benefits from Premises Licence

LANDLORD’S REQUIREMENT

  • 3-6 Month’s Rent Deposit Required (subject to references)
  • Personal Guarantor required
  • Bank, Trade & Accountant’s Reference required
  • Evidence of financial credibility

LEASE DETAILS 

  • Lease Ending in 2025 (Option of new lease)
  • Current Rent: £26,000 pax
  • Rent Review: Every 5 years
  • Next Rent Review: 2025
  • Premium: 80,000 (Business, Lease and FF&E)

PREMISES

  • Five Star Hygiene
  • EPC Rating: D
  • Area: Total Circa 792 sq. ft
  • Covers: Circa 35-40
  • Benefits from Extraction & Premises Licence
  • Permitted Hours: 12pm till 12:30 am
  • Rateable Value: 19,750 (Payable Rates: £9,000)

THE LOCATION

  • Sutton, SM1
  • High Footfall throughout the day
  • Next to Sutton High Street
  • Attractive Location

TRADING

  • Weekly Turnover: Circa £7,000 to £8,000 per week (As per the seller)

REASON FOR SALE

  • Other business & commitments

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.


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.

  • Address Sutton
  • City London
  • Post Code SM1
  • Area Sutton

Details

Updated on March 17, 2023 at 1:10 pm
  • Price: Premium £80,000
  • Size: 792 Sq. Ft
  • Covers: 38
  • Use: Restaurant
  • Type: RESTAURANTS
  • Status: AVAILABLE

Overview

  • RESTAURANTS
  • Type
  • 38
  • Covers
  • Restaurant
  • Use
  • 792
  • Sq. Ft

Contact Information

RPS_Agent
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