Streatham High Road, 8-9 Streatleigh Parade, London, SW16 1EQ

  • Bar / Restaurant
  • 2,603 sq ft
  • Lease Assignment
Streatham High Road, 8-9 Streatleigh Parade, London, Bar / Restaurant Lease Assignment - perfectblendstreathamshopfront800x416.jpg
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

Streatham High Road Fully Fitted Restaurant with Bar Licence

Key Features

  • High Street Location
  • Pavement Seating
  • Ground Floor and Basement
  • Alcohol Licence with or without food

Description

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.

Available area

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

Location

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.

Tenure

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.

Rent

£44,000 pa exclusive.

Premium

Offers in region of £30,000

VAT

May be applicable to the premium and rent.

Planning/ Licensing

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.

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.