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Location
This is a fantastic opportunity to acquire a restaurant in an established high street. The property is situated fronting Upper Tooting Road, with in the middle of Tooting Bec and Tooting Broadway. The property benefits from a higher level of footfall due to pedestrian level crossing being situated opposite and an increased visibility by the waiting vehicles, which stop at the traffic light. There are a number of national retailers present within close proximity of the property, including Tesco local. The surrounding area is densely populated and St Georges Hospital is close by. The areas of Clapham, Balham, Colliers Wood, Mitcham and Wimbledon are in easy reach.
Description
The property comprises of a two story restaurant in an established restaurant market, with a busy and a vibrant surroundings. The restaurant has been operating for a number of years and has been completed to a very high standard, with quality fitting and fixtures. The property has a modern glass shop front with shutters, sleek tiled floors and contempery lighting. There is also speakers and air conditioning installed in the property. Also a service lift installed within the property. There is ample sitting available on the ground and upper floors. All the fixtures and fittings will remain in the property. This is an opportunity not to be missed.
ACCOMMODATION
Gross Frontage 4.9 m 16.07ft
Internal Width: 4.9 m 16.07ft
Current Shop Depth: 11.3m 43’5
Ground floor area: 55.37m² 595.997 ft² (approx)
First floor restaurant area: 47.04 m² 506.334 (approx)
Kitchen area 16.32m² 175.667 ft² (approx)
Internal WC area 30.66m² 330.021ft² (approx)
Lease Terms
15 year Lease assignment
Rent
£36,000 pa
Premium
£85,000.00 (OFFERS INVITED)
For the benefit of the lease and fixture and fittings.
VAT
VAT is not applicable to the rent.
Business Rates
Rateble Value: £18,500.00.
Rates liability for 2010/11 is estimated to be £7733.00.
This information has been obtained verbally and we would advise interested parties to verify this with the appropriate rating authority.
Legal Costs
Each party to be responsible for their own legal costs.
Viewing
By appointment only through sole agents Concept Estate Agents
Tel: 020 8767 4411
Close to public transport, Air Conditioning, Shops and amenities nearby, A3 License, Brand New Lease
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