Property description
Established A3 restaurant with 50 seats 1,300sqft-TO LET / NEW LEASE
This commercial unit is located on Garratt Lane only few minutes from busy Tooting Broadway underground station. The restaurant is close to well known brands including William Hill and Elite Motors. It is located in densely populated residential area and next to the newly build flats, presenting huge potential for the business. The opening hours permitted is from 6am-11pm. The unit comprises of seating area for 50 people, kitchen, sitting room, rear yard for loading and unloading, bar, alcohol license (until 11pm), marble flooring, CCTV system, plasma TVs, fridges and freezers.
Tooting Broadway underground station (Northern Line) provides regular connection to London Bridge station and to the rest of the lines. St George's University of London is only a few minutes away from the High street. The area is well served by local bus services connecting Mitcham Road with Wimbledon, Collier’s Wood and also Kingston. It is also easily accessible by both the A24 and A217.
Accommodation
Ground floor front:
Width/Frontage: 18” approx
Depth: 29” approx
Shop size: 522sqft approx
Ground floor back:
Width/Frontage: 17” approx
Depth: 45” approx
Rear yard size: 765sqft approx
Total accommodation size: 1,290sqft approx
Tenure
Leasehold/New Lease– £24,000 per annum.
Our client wishes to issue new 15 years lease. 5 years upward rent reviews.
Premium – our client is seeking premium of £75,000 ? £65,000 for goodwill.
Legal Fees
Each party is to bear their own legal cost.
Rates
Interested parties are encouraged to make their own enquiries with the Borough of Wandsworth.
Viewings
By Prior Appointment through agents Ranson UK LTD.
Tel: 0207 538 4057
Email: enquiries@ranson.co.uk
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Property Features :
- 1,300sqft
- Seating area for 50 people
- Rear yard for loading/unloading
- Alcohol license
- Plasma TVs
Property Info: