Restaurant for Sale in Battersea

  • Premium £105,000
  • £25,000/Annum
Lavender Hill, Battersea, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Battersea

Lavender Hill, Battersea, London, UK
  • Premium £105,000
  • £25,000/Annum

Description

Restaurant  for Sale in Lavender Hill, Battersea


MAIN FEATURES

  • Circa 1140 Sq. Ft
  • Fully Fitted Restaurant
  • Premises Licence in Place

LEASE DETAILS 

  • Lease: Ending March 2031 (Inside the Act of 1954)
  • Current Rent: £27,500 PAX
  • Rent Review Term: Every 5 years
  • Next Rent Review: March 2026
  • Premium: 105,000 (Business, Lease and FF&E)

LANDLORD’S REQUIREMENT

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

PREMISES

  • Area: Total Circa 1140 Sq. Ft
  • Circa 40 Covers
  • Potential to add 8 covers outside
  • Benefits from Gas & Extraction
  • Payable Business Rates: Circa 9,356/annum (Rateable Value: 18,750)

LOCATION

  • Lavender Hill, Battersea SW11
  • 0.6 mile to Clapham Junction Station
  • 1.2 mile to Battersea Park Station

TRADING

  • We have been informed that the business generates circa £5,500 per week gross sales

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.

Details

Updated on November 24, 2023 at 11:40 am
  • Price: Premium £105,000
  • Size: 1140 Sq. Ft
  • Covers: 40
  • Use: Restaurant
  • Type: RESTAURANTS, CAFES
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES
  • Type
  • 1140
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

Enquire About This Property

Similar Listings

Compare listings

Compare
Search
RPS_Agent
  • RPS_Agent