Balham Double Fronted Restaurant

Key Features

• Double Frontage
• 17 Years Remaining on Lease
• Low Rent
• Fully Fitted
• Extraction in Situ

Description

The premises are currently fitted out as a restaurant with a large kitchen with full extraction, with seating for approximately 40 covers. The unit is arranged over ground floor only.

Available area

The accommodation comprises the following areas:

Location

The property is located on a very busy high street location in Balham, South London. Nearby operators include McDonalds, Heidi, Franco Manca and Pret a Manger just to name just a few. Balham Underground Station and Balham Railway Station are both approximately a 1 minute walk away.

Tenure

The unit is available by way of an assignment of the existing lease, with approximately 17 years remaining.

Passing Rent

The passing rent is £30,000 per annum exclusive.

Premium

Offers in the region of £75,000.

VAT

All prices quoted may be subject to VAT if applicable.

Licence / Planning

The property benefits from E class planning use and a standard alcohol license in place allowing the sale of alcohol from 7.30am to 10.30pm, every day of the week.

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.

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.