300 Battersea Park Road, Battersea Park Road, Battersea, SW11 3BU

  • 1,072 sq ft
  • Lease Assignment
300 Battersea Park Road, Battersea Park Road, Battersea Lease Assignment - Frontage.jpg
300 Battersea Park Road, Battersea Park Road, Battersea Lease Assignment - WhatsApp Image 20240516 at 135410_b96acb75.jpg
Property Type
Tenure Lease Assignment
Size 1,072 sq ft
Rent £30,000 per annum
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Battersea Restaurant/Bar

Key Features

  • Low Rent
  • Premises Licence in Place
  • Fully Fitted Kitchen with Extraction
  • Ground Floor Only
  • Circa 60 Covers

Description

The premises are fitted out as a restaurant with an extraction system over the ground floor to hold 60 covers. There is a toilet and storage room towards the rear of the unit.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 1,072 99.59
Total 1,072 99.59

Location

The premises are located on a busy parade in the heart of Battersea with many F&B operators such as Bangkok Bay, Waka Waka Sushi, Il Molino, Cafe Blanca, L'Antipasto and The Lighthouse Battersea to name a few. The nearest transport link is Clapham Junction Train Station being a short walk away.

Tenure

An assignment of the existing lease for 10 years from 25th December 2023, with a rent review in December 2028. The lease is granted inside the L&T 1954 Act.

Rent

The passing rent is £30,000 per annum exclusive, rising to £34,000 in December 2024 and to £36,000 in December 2026.

Planning/Licensing

The premises benefit from Class E planning use, along with a premises licence with the following days and hours:
Sunday to Thursday till 12pm and Friday & Saturday till 2am.

Premium

Reduced premium £95k with Fixtures and Fittings.

VAT

All prices are quoted may be subject to VAT if applicable.

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.

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.