Wandsworth, SW18
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property to lease
- USE CLASSUse class orders: A3 Restaurants and Cafes
A3
Lease details
- Lease available date:
- Ask agent
- Furnish type:
- Furnished
Key features
- Eligible for rate relief
- Area: circa 517.63sq. ft
- Benefits from three phase electricity
- Covers: circa 22
- Premises licence in place
- Quick sale
Description
Property ID: RPS-22628
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Eligible for rate relief
Area: circa 517.63sq. ft
Benefits from three phase electricity
Covers: circa 22
Premises licence in place
Quick sale
LANDLORD'S REQUIREMENTS
Guarantor may be required (subject to references)
6 months deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending October 2037 (Inside LTA 1954 Act)
Rent: £18,000 PAX
Rent review: Every 5 years
Next rent review: October 2027
Premium: £59,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Area: circa 517.63sq. ft
Benefits from three phase electricity
Covers: circa 22
Premises licence in place
Eligible for rate relief
Rateable Value: £13,250
Payable Rates: Circa £6,611.75/annum (paying £1,500/ this year with discount)
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £156,000 per annum (£3,000/week) by only trading 5 days a week.
Our client manages the cafe with 1 full time & 1 part time Staff.
THE LOCATION
Busy parade in Wandsworth, SW18
Circa 2 miles away from Tooting Market
Immediate occupiers include Pizza Hut, Tesco Express & other independent retailers
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord's requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.
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.
About Restaurant Property Sellers, Ealing
Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QENotes
Disclaimer - Property reference RPS-22628_WANDSWORTH_WINE_BAR. 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 Restaurant Property Sellers, Ealing. 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.
Map data ©OpenStreetMap contributors.