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Restaurant to rent
Tooting High Street, SW17 0RN
Letting information:Furnishing: Not Specified
Excellent and rare opportunity to rent a hot food property in a prominent position on the Tooting High Street. The property is located opposite the Sainsbury’s and Tooting Broadway underground station on the Northern Line.
The property is currently in use as a kebab restaurant and takeaway, with room for around 50 covers. The seating/serving area at the front is around 615ft²/57m² and there is a washing room/storage area to the rear of around 230ft²/21m² (where if the partition were removed would have 295ft²/27m²). There are w/c facilities to the rear of the property and a fire escape leading to Gilbey Road. The basement is accessed from the front serving area and is around 340ft²/31m² with a head height of 8’04”.
The restaurant is available to rent on a new lease, with the landlord expressing a preference for a new 25 year lease. The asking rent is £45,000 per annum and the landlords are asking a Premium of £50,000 for the benefit of location, goodwill and hot food planning permission. The property will be available vacant on possession.
The incoming tenant is required to pay ¼ rent in advance, ¼ rent as deposit and to pay the landlords legal fees. Business Rates are advised as being payable around £12,487.50 per annum. All enquiries welcome.