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65 Balham High Road, London, SW12 9AP

£3,750 pcm
£45,000 pa

£33.51 per sq ft

Business rates & charges may apply

John D Wood, Mayfair
SIZE AVAILABLE

1,343 sq ft

125 sq m

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

  • Prominent retail unit on Balham High Road, 0.2 miles from Balham station
  • 1,343 sq ft over ground (578 sq ft) and lower ground (765 sq ft)
  • Fully fitted pizzeria with full extraction system in place
  • Seats 50 covers, plus space for outside seating at the front
  • Transferable alcohol licence included with the assignment
  • Available on assignment of existing lease — c.10 years unexpired (to 10 June 2036)
  • Rent £45,000 per annum; premium £80,000 for lease, fixtures and fittings
  • EPC Rating C; rates payable £13,176 per annum

Description

A well-positioned retail unit occupying a prominent spot on Balham High Road. The property comprises a fully fitted pizzeria with full extraction system in place, with space for outside seating at the front of the unit. The restaurant is fitted and benefits from seating for 50 covers. The property also benefits from an alcohol license which would be transferable as part of an assignment.

Positioned on the vibrant spine of Balham High Road, this address sits within one of South West London's most sought-after commercial and residential corridors. Running along the A24, Balham High Road has long been the beating heart of the neighbourhood, a dynamic mix of independent boutiques, restaurants, cafés and everyday amenities that draws steady footfall throughout the week.

The location benefits from exceptional transport links. Balham station, just a short walk away, offers both Northern line Underground services (Zone 3) connecting directly to Clapham Common, Stockwell, and central London hubs including Bank, Leicester Square and King's Cross St Pancras and National Rail services to London Victoria, Clapham Junction and beyond.

Available on an assignment of the existing lease, with the following terms:
Rent: £45,000 per annum
Lease Term: 15 years from 11 June 2021, expiring 10 June 2036 (approximately 10 years unexpired)
Security of Tenure: Protected under the Landlord and Tenant Act 1954 (Part II)
Deposit: Equivalent of 3–6 months' rent required depending on covenant

A premium of £80,000 payable for the benefit of the existing lease, fixtures and fittings.

65 Balham High Road, London, SW12 9AP

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Balham Station0.2 miles
  • Clapham South Station0.5 miles
  • Wandsworth Common Station0.6 miles

About John D Wood, Mayfair

15 Half Moon Street, London, W1J 7DZ

John D Wood are a well-established Commercial Property Consultant with a superb name and huge amount of brand recognition throughout the U.K. Our long established brand evokes a sense of history and quality, while giving an immediate sense of confidence to our clients who feel secure and well advised when dealing with a firm with such a long and well established history.

The core of the business is commercial property management. We have a team of both property and facilities managers as well

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 388689-2. 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 John D Wood, Mayfair. 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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