Property Type | Bar / Restaurant |
Tenure | Lease Assignment |
Size | 2,603 sq ft |
Rent | £44,000.00 per annum |
Premium | £40,000 |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
The Premises is fully fitted with extraction on the ground floor, with a cellar in the basement for storage as well as a cold room. There is also outside seating to the front of the premises.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 1,703 | 158.21 |
Basement | 900 | 83.61 |
Total | 2,603 | 241.82 |
The premises is located in a very busy stretch of Streatham Hill. Streatham High Road, has a mixture of Independent & High Street shops and restaurants, it is part of a community of South London towns such as Balham, Brixton, Clapham and Tooting. Nearby operators include Nandos, Pure gym, Virgin Active, Marks and Spencer to name but a few.
An assignment of our client's full repairing and insuring 20 year lease from July 2012, subject to 5 yearly rent reviews. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant act 1954, Part 2 as amended.
£44,000 pa exclusive.
Offers in region of £50,000
May be applicable to the premium and rent.
The premises benefit from E Class planning use with a premises licence in place to serve alcohol WITHOUT the provision of food with the following hours: Monday - Sunday 7.30am - 00.30am. Alcohol sales only to be permitted to seated customers at the bar or at tables.
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.