This property has been removed by the agent. It may be let or temporarily removed from the market

View similar properties

Restaurant to rent

Streatham Vale, SW16 5SQ

£1,250 pcm

Property Description

Letting information:

Furnishing: Not Specified

Full description

DESCRIPTION
Hot food commercial property available to rent on a new lease for £15,000 per annum, with a Premium of £10,000 for the benefit of A3 use.

Formerly trading as Ten Thanks Chinese & Vietnamese Restaurant, the premises is located on Streatham Vale near its junction with Sherwood Avenue.

The property is around 850ft²/78.9m² which comprises the main serving seating area, wash room, kitchen and w/c facilities. There is also a forecourt external seating area at the front. When the business was trading, takings were advised as being around £2,500 per week with 36 covers.

The preference of the landlord is to have a lease with rent reviews every 4 years, and for the tenant to pay the landlords reasonable legal fees and for the tenant to provide a rental deposit of £5,000, partially returnable at the end of the first 4 years subject to prompt regular payment of rent.

The new lease will contain clauses such as external repairs to the building 50% payable by the tenant occupying the ground floor premises. Extractor cleaning certificate every six months in order to comply with insurance requirements.

Business rates are advised as being payable at £2,645.50 per annum (or £1,455.17 per annum after business rate relief). All enquiries welcome.


Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 100519000248. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christopher St James, Colliers Wood.

Please refer to our Renting Guides for further information on how to safely rent a property.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.