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Price Reduced: Restaurant In Lavender Hill, Battersea For Sale

Battersea, London, UK
Asking Price:
£95,000
Turnover:
£286,000
Net Profit:
Available on request

Restaurant for Sale in Lavender Hill, Battersea

Property ID: RPS-20573

MAIN FEATURES

Circa 1140 Sq. Ft
Fully Fitted Restaurant
Premises Licence in Place

LEASE DETAILS

Lease: Ending March 2031 (Inside the Act of 1954)
Current Rent: £27,500 PAX
Rent Review Term: Every 5 years
Next Rent Review: March 2026
Premium: £95,000 (Business, Lease and FF&E)

LANDLORD’S REQUIREMENT

Rent Deposit Required (subject to references)
Personal Guarantor Required
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility

PREMISES

Area: Total Circa 1140 Sq. Ft
Circa 40 Covers
Potential to add 8 covers outside
Benefits from Gas & Extraction
Payable Business Rates: Circa 9,356/annum (Rateable Value: 18,750)

LOCATION

Lavender Hill, Battersea SW11
0.6 mile to Clapham Junction Station
1.2 mile to Battersea Park Station

TRADING

We have been informed that the business generates circa £5,500 per week gross sales

VIEWINGS & CONFIDENTIALITY

All interested buyers 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.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending March 2031 (Inside the Act of 1954)
Current Rent: £27,500 PAX
Rent Review Term: Every 5 years
Next Rent Review: March 2026

Leasehold Rent:

£27,500 per annum