Fully Fitted Restaurant for Sale. Balham High Road. Lease and FF&E only
Property ID: RPS-23030
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Lease assignment – premium for Lease & Fixtures and Fittings
Busy street of Balham High Road
Ground floor: circa 577 sq.ft & basement: circa 764 sq. ft
Benefits from gas, extraction & three phase supply
Premises licence in place
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
3-6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending June 2036
Current Rent: £45,000 per annum exclusive
Rent review: Every 5 years
Next rent review: June 2026
Premium: £95,000 (Lease assignment & fixtures and fittings only)
THE PREMISES
Ground floor: circa 577 sq.ft
Basement: circa 764 sq. ft
Seating capacity: Circa 50-60
Benefits from gas, extraction & three phase
Premises licence in place
Rateable Value: 30,500
Payable Rates: Circa £11,651/annum
The restaurant is presented in good condition and offer a turnkey opportunity suitable for a range of cuisine.
THE LOCATION
Balham, SW12
Busy street of Balham High Road
Surrounded by residential, cafés, and independent retailers
Few minutes from Balham Station
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements and must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
Viewings are 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.
