Property description
Restaurant lease for sale, in a very busy location, 15 years remaining, with a rent review every 5 years, inside the landlord and tenant act, Turnover: Approx £365,000 per annum, Size: Total Approx 1,417 sq ft - Viewings Highly Recommended
** Staff Unaware - Viewings Strictly Through Next Property Commercial **
Location:
Size: Ground 772 sq ft
Basement: 645 sq ft ( let out, generating a rent £10,800 per annum )
Total Approx 1,417 sq ft
License: A3
Premium: On Application
Lease: 15 years remaining, with a rent review every 5 years, inside the landlord and tenant act
The basement has been let out on a license to a Indian take away company and is generating a rent £10,800 per annum, the property further benefits from outside storage, which could be converted into car parking,,
The price includes all the fixtures and fittings which are currently valued at £100,000
This is a popular eating and drinking destination and nearby operators include Ma Goa, The Railway Pub, Nandos, Pizza Express and The Prince of Wales to name a few.
Turnover: £365,000 per annum
Net Profit: Upon Application
Business Rates: £16,900 per annum
Legal Costs: Each part is to bear their own legal costs.
Viewings strictly through sole agents Next Property Commercial 0207 118 0000
NoticeAll photographs are provided for guidance only.
Image of backyard
Image of backyard