Restaurant for Sale in Battersea SW8. Corner unit.
Property ID: RPS-23076
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Corner unit with circa 1133 sq. ft and 60 covers
Open plan kitchen
Benefits from gas, extraction, cold room & premises licence
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 in April 2041 (Inside the Act of 1954)
Rent: £44,000 per annum exclusive
Rent review: Every 4 years
Next rent review: April 2030
Premium: £150,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Circa 1133 sq. ft with 60 covers in one level
Open plan kitchen
Benefits from gas, extraction, cold room & premises licence
New Rateable Value: 31,000
Payable Rates: Circa £11,842/annum (please confirm with local council)
THE BUSINESS
We have been informed that the business generates gross revenue of circa £598,000 per annum (£11,500/week).
Our client manages the restaurant with 3 full time & 7 part time staff.
THE LOCATION
Battersea SW8
Few minutes from Queenstown Road Station
Easy access to Battersea Park & Clapham Junction
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree to a Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and is issued without responsibility on the part of the firm and is therefore not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. Neither the firm nor any of its employees has any authority to make or give any representation or warranty whatever in relation to this property.
