Clapham Common Restaurant, Clapham, London, SW4

  • 1,000 sq ft
  • Lease Assignment
Clapham Common Restaurant, Clapham, London Lease Assignment - grill.jpg
Property Type
Tenure Lease Assignment
Size 1,000 sq ft
Energy Performance Rating Upon enquiry

Prime Clapham Common Restaurant

Key Features

  • High Footfall Location
  • Low Rent
  • Inside the Act Lease
  • Outside Seating
  • Premises Licence In Place
  • Turnkey Operation

Description

The premises are currently fitted out as a restaurant with approx. 80 covers all on the ground floor together with a fully fitted kitchen with extraction and customer toilets. There is also additional dining space on the front terrace.

Available area

The accommodation comprises the following areas:

Name Sq ft Sq m
Ground 1,000 92.90
Total 1,000 92.90

Location

The property is located on Clapham High Street in a very good position with heavy footfall every day of the week. Nearby operators include KFC, Five Guys, Bodeans, Mc Donalds and all the major High Street retailers. Transport links are excellent with Clapham Common underground station (Northern Line) being a short walk away.

Terms

An assignment of the existing sub-lease expiring on 12th December 2027, subject to 5 yearly rent reviews. The Lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act. The head leaseholder may consider granting a reversionary lease.

Rent

The current passing rent is £52,000 per annum exclusive.

Premium

Offers Invited.

Planning/Licensing

The premises benefit from E class planning use class, along with a premises licence which allows for sale of alcohol with table meals with the following days & hours. Monday to Saturday : 10:00 to 00.00 - Sunday: 12:00 to 23:30

VAT

All prices quoted may be subject to VAT if applicable.

Holding Deposit

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.