£36,000 pa
(£29.65/sq. ft. pa)
Restaurant to letBattersea Park Road, London SW11
1,214 sq. ft
Available immediately
Furnished or unfurnished
About this property
Prime Battersea Location
Premises Licence in Place
Established Business Opportunity
Fixtures & Fittings Included
Established Trading Location
Commercial Extraction System
Excellent Transport Links
Description
An established restaurant premises situated on Battersea Park Road, SW11, available by way of assignment of the existing lease with a £110,000 premium. The premises provide approximately 1,214 sq. Ft of accommodation and are currently arranged as a fully fitted restaurant, comprising a customer dining area, commercial kitchen and ancillary accommodation. The property benefits from an existing commercial extraction system, alcohol licence and restaurant fit-out, providing an incoming operator with the opportunity to acquire an established premises without starting from an empty shell.
The premium includes the existing fixtures, fittings, extraction, licence and goodwill associated with the premises.
Location
The property occupies a prominent position on Battersea Park Road, SW11, within an established South West London commercial and residential location. Battersea Park Road provides a varied mix of restaurants, cafés, retailers and independent businesses, supported by the surrounding residential population and continued investment across the wider Battersea area. The premises benefit from good visibility onto Battersea Park Road and are well positioned for businesses seeking an established trading location within Battersea.
Lease Terms
• Tenure: Assignment of the existing lease
• Rent: £36,000 per annum
• Lease remaining: Approximately 13 years
• Lease: Renewable
• Rent review: July 2028
• Premium: £110,000
Any assignment will be subject to the terms of the existing lease and the necessary landlord consent.
Accommodation
- Approximately 1,214 sq. Ft
- The premises are arranged as an established restaurant and include a customer dining area, commercial kitchen and ancillary accommodation.
Premium
A premium of £110,000 is sought for the assignment of the existing leasehold interest, including the existing fixtures, fittings, extraction, licence and goodwill.
Outgoings
• Rent: £36,000 per annum
• Business rates: Approximately £2,800 per annum however interested parties are advised to make their own enquiries with the relevant local authority/Valuation Office Agency to confirm the rates payable.
Viewings
Viewings are strictly by appointment through Residenza Properties Tooting.
All enquiries, offers and proposed uses are subject to contract, the terms of the existing lease and landlord's consent where required.
Terms and Conditions
All commercial lettings through our office carry a fee for full references and credit reports on applicants. The fee is non-refundable and is payable when an offer is accepted.
An established restaurant premises situated on Battersea Park Road, SW11, available by way of assignment of the existing lease with a £110,000 premium. The premises provide approximately 1,214 sq. Ft of accommodation and are currently arranged as a fully fitted restaurant, comprising a customer dining area, commercial kitchen and ancillary accommodation. The property benefits from an existing commercial extraction system, alcohol licence and restaurant fit-out, providing an incoming operator with the opportunity to acquire an established premises without starting from an empty shell.
The premium includes the existing fixtures, fittings, extraction, licence and goodwill associated with the premises.
Location
The property occupies a prominent position on Battersea Park Road, SW11, within an established South West London commercial and residential location. Battersea Park Road provides a varied mix of restaurants, cafés, retailers and independent businesses, supported by the surrounding residential population and continued investment across the wider Battersea area. The premises benefit from good visibility onto Battersea Park Road and are well positioned for businesses seeking an established trading location within Battersea.
Lease Terms
• Tenure: Assignment of the existing lease
• Rent: £36,000 per annum
• Lease remaining: Approximately 13 years
• Lease: Renewable
• Rent review: July 2028
• Premium: £110,000
Any assignment will be subject to the terms of the existing lease and the necessary landlord consent.
Accommodation
- Approximately 1,214 sq. Ft
- The premises are arranged as an established restaurant and include a customer dining area, commercial kitchen and ancillary accommodation.
Premium
A premium of £110,000 is sought for the assignment of the existing leasehold interest, including the existing fixtures, fittings, extraction, licence and goodwill.
Outgoings
• Rent: £36,000 per annum
• Business rates: Approximately £2,800 per annum however interested parties are advised to make their own enquiries with the relevant local authority/Valuation Office Agency to confirm the rates payable.
Viewings
Viewings are strictly by appointment through Residenza Properties Tooting.
All enquiries, offers and proposed uses are subject to contract, the terms of the existing lease and landlord's consent where required.
Terms and Conditions
All commercial lettings through our office carry a fee for full references and credit reports on applicants. The fee is non-refundable and is payable when an offer is accepted.
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