Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 850 sq ft |
Rent | £30,000 per annum |
Premium | £75,000 |
Energy Performance Rating | Upon enquiry |
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.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 850 | 78.97 |
Total | 850 | 78.97 |
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.
The unit is available by way of an assignment of the existing lease, with approximately 17 years remaining.
The passing rent is £30,000 per annum exclusive.
Offers in the region of £75,000.
All prices quoted may be subject to VAT if applicable.
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.
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.