Mediterranean Restaurant for Sale in Battersea
Property ID: RPS-23374
PROPERTY & BUSINESS SNAPSHOT
Type Mediterranean Restaurant
Location Battersea Park Road SW8
Lease expiry Ending in May 2047
Rent £47,000 p.a. exclusive
Rent review Every 5 years with stepped rent agreed
Floor area Circa 1,377 sq. ft (ground floor & basement)
Covers Circa 39 covers
Rateable value 14,250
Business rates payable Circa £5,443.5 per annum
Permitted use Restaurant (Class E)
Annual Turnover Circa £390,000 (circa £7,500/week)
Ancillary Gas, 2 extractions & premises licence
Premium £175,000 (Lease and FF&E)
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
6 month's rent deposit required (subject to references)
Other usual checks will be carried out
MAIN DETAILS
Restaurant premises in a well-connected Battersea location with circa 764 sq. ft with an open plan kitchen on the ground floor.
The basement is 613 sq. ft and accommodates additional extraction, prep area and ample storage space
It benefits from gas, 2 extractions and a premises licence, providing the essential infrastructure for restaurant and takeaway operations.
The business generates an annual turnover of circa £390,000, equivalent to approximately £7,500 per week, and benefits from a long 21-year lease ending in 2047.
THE LOCATION
The property occupies a position on Battersea Park Road in Nine Elms, surrounded by residential properties, local shops, cafés and other food businesses.
The area benefits from a mix of local residents, commuters and visitors, with transport links and the wider Battersea and Nine Elms regeneration area contributing to the local catchment.
Offers an established mix of restaurants, cafés, shops and local amenities, creating an attractive environment for food and hospitality businesses.
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
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.
