Modern Cafe & Restaurant for Sale in Battersea
Property ID: RPS-21210
MAIN FEATURES
Excellent Location in Battersea
Fully Fitted, Modern & Premium Decor
Gas, Extraction & Three Phase in Place
Late Night Premises Licence (2am)
Eligible for 100% rate relief
LANDLORD’S REQUIREMENTS
Personal Guarantor Required (Subject to References)
3-6 Months Rent Deposit Subject to References
Accountant’s references
Trade references
LEASE DETAILS
Lease Ending : December 2033 (Inside the Act of 1954)
Current Rent: £30,000 PAX
Rent from Dec 2024: £34,000 & Dec 2026: £36,000 PAX
Rent Review: Every 5 years
Next Rent Review: December 2028
Premium: £120,000 (Business, Lease & FF&E) + SAV
THE PREMISES
Fully Fitted with Premium & Modern Decor
Circa 40 Covers
Ideal for Bar, Restaurant or Cafe
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
3-phase Electricity in Place
On & Off Premises Licence in Place (Mon-Thu: 10am till 12am & Fri-Sat: 2am)
Permitted Opening Hours: 6am till 12:30am & Fri-Sat: 2:30am
Eligible for 100% rate relief
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £520,000/annum (£10,000/week).
Current Opening Hours: 9am till 4pm. Huge potential to introduce dinner trade
Management: Our client manages the business with 6-7 staff members.
THE LOCATION
Battersea, SW11
1 mile to Battersea Park
Adjacent to Multiple Retailers
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
