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178 Garratt Lane, London, SW18 4ED

  • Bar / Cafe (A1)
  • 1,000 sq ft
  • Lease Assignment
178 Garratt Lane, London, Bar / Cafe (A1) Lease Assignment - 20241004.png
178 Garratt Lane, London, Bar / Cafe (A1) Lease Assignment - 20241004 1.png
178 Garratt Lane, London, Bar / Cafe (A1) Lease Assignment - c1208ddbd6cc423a98db1e678f6bd7b2.jpg
Property Type Bar / Cafe (A1)
Tenure Lease Assignment
Size 1,000 sq ft
Rent Rent on application
Premium £55,000
Energy Performance Rating Upon enquiry

Excellent Wine Bar/Bottle Shop/Cafe Lease for Sale

Key Features

  • Wandsworth Neighbourhood Location
  • Nearby Independent Cafe and Restaurant Operators
  • Strong Local Resident Footfall
  • Beautiful Fit Out
  • Lease until 2038
  • 26 Covers plus 4 Outside

Description

The premises are currently fitted out as an Italian wine bar with a small bites menu, in a bright and inviting style, over ground floor only. There are 26 covers internally with outside seating for 4 covers by way of a pavement licence.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 1,000 92.90
Total 1,000 92.90

Location

The property occupies a good position on Garratt Lane, Wandsworth, alongside independent café and restaurant operators.

Tenure

The premises are available by way of an assignment of the existing lease with approximately 13 years remaining, subject to 5 yearly rent reviews. The lease is granted inside security of tenure provisions of the Landlord & Tenant Act 1954.

Passing Rent

£18,000 per annum exclusive, with the next review in 2038.

Premium

£55,000 for the lease and F+F.

VAT

VAT may be applicable to the rent and any other figures quoted.

Planning/Licence

The premises benefit from E Class planning use and a premises licence allowing on and off sales of alcohol with opening hours until 11pm all days of the week.

Holding Deposit

A holding deposit will be required to secure the property.