The premises are fitted out as a restaurant with an extraction system over the ground floor to hold 60 covers. There is a toilet and storage room towards the rear of the unit.
The premises are located on a busy parade in the heart of Battersea with many F&B operators such as Bangkok Bay, Waka Waka Sushi, Il Molino, Cafe Blanca, L'Antipasto and The Lighthouse Battersea to name a few. The nearest transport link is Clapham Junction Train Station being a short walk away.
Tenure: An assignment of the existing lease for 10 years from 25th December 2023, with a rent review in December 2028. The lease is granted inside the L&T 1954 Act.
Rent: The passing rent is £30,000 per annum exclusive, rising to £34,000 in December 2024 and to £36,000 in December 2026.
Planning/Licensing: The premises benefit from Class E planning use, along with a premises licence with the following days and hours:
Sunday to Thursday till 12pm and Friday & Saturday till 2am.
Premium: Reduced premium £95k with Fixtures and Fittings.
VAT: All prices are quoted may be subject to VAT if applicable.
Key selling points:
Low Rent
Premises Licence in Place
Fully Fitted Kitchen with Extraction
Ground Floor Only
Circa 60 Covers