Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 1,427 sq ft |
Rent | £100,000 per annum |
Premium | £125,000 |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
The premises are arranged over the ground floor and basement. The ground floor has approx. 35 covers and a serving bar. To the left of the bar there is a customer toilet. To the rear of the premises there is a fully fitted kitchen with full extraction to the back of the building, a washing station, and a walk-in fridge.The basement has restricted head height and is currently being used for dry storage and a managers office.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 934 | 86.77 |
Basement | 493 | 45.80 |
Total | 1,427 | 132.57 |
The premises are situated on St Johns Hill directly opposite the entrance to Clapham Junction Station. Historically this station has been one of the busiest in London with 10’s of millions of commuters using this station. Clapham Junction is one of the most sought after locations for restaurants and there is a huge shortage of premises available as this area trades phenomenally well for operators.
Assignment of the existing 15 year full repairing & insuring lease expiring September 2036, granted inside the landlord and Tenant act 1954. subject to 5 yearly rent reviews.
£100,000 per annum exclusive.
Offers in the region of £125,000.
All prices quoted may be subject to VAT if applicable.
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.
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.