Clapham High Street Bar

Key Features

• 3am Licence
• 2 Bedroom Flat included
• Prime Location of Clapham
• Full Bar Licence

Description

The premises are fitted as a bar across ground floor, first floor and basement. The premises are in with great décor and refurbished to an excellent standard throughout with room for 120 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, producing £25,000 per annum. There is no separate entrance for the flats.

Available area

The accommodation comprises the following areas:

Location

The Premises are in a prime position in Clapham, The premises are located on a prime position on Clapham High Street in the trendy area of Clapham. It is 2 minutes walk from Clapham High Street serviced by the Northern Line. Nearby occupiers include Tsunami, Aquum, Infernos Nightclub, and Sainsbury’s to name but a few.

Tenure

We will offer an assignment of the existing lease expiring in 13 years. Granted inside the security of tenure provision of the Landlord & Tenant act 1954, Part 2 as amended.

Rent

£80,000 pax. There is a 2 bed above as part of the demise, has a rental income of £25,000 per annum.

Premium

£450,000

VAT

May be applicable to the premium and rent.

Premises Licence

The premises benefit from Sui Generis planning. The premises licence permits alcohol without food, with hours until 3am every day of the week.

Confidentiality

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