Prime Clapham Bar/ Restaurant

Key Features

• Front and Rear Mezzanines
• Premises Licence in Place
• Good Transport Links
• Two Bedroom Flat Above
• Fully Fitted Kitchen Extract in Situ

Description

The premises is fitted as a bar across ground floor and mezzanine. The bar also has a small section to the front allowing for smoking. The premises are well decorated and fitted to an excellent standard throughout with room for 70 seated covers and 190 standing capacity. There is also a fully fitted kitchen on the premises with extraction. There is a 2 bed flat above as part of the demise.

Available area

The accommodation comprises the following areas:

Location

The premises are in a prime position on Clapham High Street, South West London among a pitch of other strong operators, whether they be bars or restaurants. Clapham High Street is one of the most visited locations in London, by both tourists, students and the local population.

Tenure

An assignment of the existing lease expiring in December 2031. Granted inside the security of tenure provision of the Landlord & Tenant act 1954, Part 2 as amended. The next rent review is in January 2027, to open market rent.

Rent

The passing rent is £67,000 Pax. There is a 2 bed flat above as part of the demise, producing £24,000 per annum

Premium

Upon Application.

VAT

VAT may be applicable to the rent and other considerations.

Planning/Licence

The premises benefit from Sui Generis planning. The premises licence permits alcohol without food, with hours until 1:30am on weekdays and 2:30am on weekends.

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