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8-9 Streatleigh Parade, Streatham High Road, London, SW16 1EQ

£3,667 pcm
£44,000 pa

Business rates & charges may apply

Stirling Ackroyd, Commercial
SIZE

Ask agent

SECTOR

High street retail property to lease

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Lease details

Lease available date:
Now
Lease type:
Long term
Floor Plan
1

Key features

  • LEASE ASSIGNMENT - RENEWABLE LEASE EXPIRING 2031
  • LEASE PREMIUM £100,000 - OFFERS CONSIDERED FOR A QUICK SALE
  • ANNUAL RENTAL £44,000 PER ANNUM EXCLUSIVE
  • PROMINENT WIDE DOUBLE FRONTAGE
  • OPEN PLAN CUSTOMER AREA WITH REAR KITCHEN AND REAR LOADING
  • IDEAL FOR A RANGE OF CAFE/RESTUARANT OCCUPIERS - KITCHEN INCLUDES AN EXISTING EXTRACTION SYSTEM
  • VISIBLE JUNCTION LOCATION - HIGH VOLUME OF PASSING TRAFFIC AND OPPOSITE STREATHAM HILL STATION
  • FLOOR AREAS: 1775 SQ FT GROUND FLOOR (INCLUDING KITCHEN & STORAGE) PLUS 652 SQ FT LOWER GROUND STORAGE - TOTAL 2427 SQ FT

Description

Description
This is a rare opportunity to secure a fully fitted cafe/restaurant in a prominent Streatham Hill location(with a premises/alcohol licence until 1am).

The double frontage unit offers an open plan layout in the primary sales area with a rear kitchen (including extraction) and cold room. The unit also benefits from rear loading.

The unit is ideal for a cafe/restaurant brand and is available on the basis of a lease assignment

The existing lease is renewable/inside the Landlord & Tenant Act and is due to expire in 2031. The next rent review is in 2026.

We have been advised rent is not subject to VAT, building insurance is £2,200 and there is no service charge.

The lease assignment is subject to a premium of £100,000, a current passing rent of £44,000 per annum, a 6 month rent deposit, rent payable quarterly in advance and the landlord s' lease assignment costs.

Business Rates : (London Borough of Lambeth)

Location
Great location - 8-9 Streatleigh Parade is located on Streatham Hill (A23) which is one of the primary road routes connecting South/South West London to West/Central London and benefits from a high volume of passing vehicle traffic.

The unit is located on Streatham Hill - just south of the junction with Leigham Court Road - nearby occupiers/brands include Co-Operative & Tesco Supermarkets, Stirling Ackroyd, Mail Boxes and Firezza

A number of bus routes also serve this section of the A23 and the unit is opposite Streatham Hill Rail Station

Streatham Hill Station connects to London Victoria and London Bridge stations

Energy Performance Certificates

EPCEPC

Brochures

8-9 Streatleigh Parade, Streatham High Road, London, SW16 1EQ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Streatham Hill Station0.0 miles
  • Streatham Station0.8 miles
  • Tulse Hill Station1.0 miles

About Stirling Ackroyd, Commercial

40 Great Eastern Street, London, EC2A 3EP

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment. Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs.

At Stirling Ackroyd, the city is in our DNA. We understand the way London operates and how people buy, sell, rent or let property. As one of the first East London estate agents, we have played a vital role in the residential and commercial development of Central and East London and through this, we have gained an integral understanding of local values and an unparalleled local knowledge of the area.

We are one of the leading commercial estate agents for commercial property in London. We provide our clients with the full range of comprehensive, professional, and up to date occupational and investment services with dedicated teams covering all commercial property sectors.

Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs. Set up originally in a small office on Curtain Road, in the then unfashionable northern City fringe, we have watched the community we are part of grow into the prime property locations you see today.

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment.

Notes

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Disclaimer - Property reference 294827-2. 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 Stirling Ackroyd, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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