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Barnes Restaurant/Bar To Let

UK
Asking Price:
£30,000 per annum
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises are arranged over the ground floor and basement, with the ground floor operating as a restaurant to hold 60 covers and additional outdoor seating on the terrace. The basement has a kitchen, extraction system, toilets and storage room.

The premises are located on White Hart Lane, in the heart of Barnes. The unit has many food and beverage operators in the vicinity, such as Haweli, Osteria Otello, Dolce Crema, Rick Stein and No. 40 to name a few. Transport links are excellent, with a short walk to Barnes Bridge Train Station.

Tenure: An assignment of the lease for 15 years from 25th March 2024, with every 5 yearly rent reviews. The lease is granted inside the L&T 1954 Act.

Rent: The passing rent is £30,000 per annum exclusive, rising to £50,000 in 2025, £60,000 in 2026 and £70,000 in 2028.

Premium: On application.

VAT: VAT All prices are quoted may be subject to VAT if applicable.

Planning/Licensing: The premises benefit from a Class E planning use, along with the premises licence with the following days and hours:
Monday to Saturday till midnight and Sunday until 11:30 pm.

Key selling points:
Great Transport Links

Outside Terrace

Premises Licence in Place

Fully Fitted with Extraction

Turnkey Operation

Property Information

Property:

Leasehold

Leasehold Rent:

£30,000 per annum

Size in square feet:
1835 sqft