Guide price
£59,000
(£114.12/sq. ft)
Restaurant for saleGarratt Lane, London SW18
517 sq. ft
Business
About this property
Eligible for rate relief
Area: Circa 517.63sq. Ft
Benefits from three phase electricity
Covers: Circa 22
Premises licence in place
Quick sale
Fully Fitted Wine Bar & Cafe for Sale in Wandsworth. Quick Sale !
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.
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.
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