Restaurant for Sale in St John's Hill, Battersea
Property ID:
RPS-21869
PROOF OF FUNDS REQUIRED:
All interested buyers must be able to provide proof of funds before requesting a viewing.
MAIN FEATURES
Area: Circa 2,100 sq. ft.
Fully Fitted Commercial kitchen
Gas & Extraction in Place
Benefits from Premises Licence
LEASE DETAILS
Lease Ending Dec 2042 (Inside LTA 1954 Act)
Current Rent: £64,000 PAX
Rent Review Term: 5 years
Next Rent Review: Dec 2027
Premium: £290,000 (Business, Lease and Fixtures & Fittings)
LANDLORD'S REQUIREMENT
6 months' rent deposit required (subject to references)
Bank, trade, and accountant's reference required
Evidence of financial credibility
PREMISES
Area: Circa 2,100 sq. ft.
Fully Fitted Commercial kitchen
Gas & Extraction in Place
Benefits from Premises Licence
Permitted Hours: 11am to Fri-Sat: 2am & 12am
EPC Rating: B
Business Rates: Circa £23,952/annum (Rateable Value: 48,000)
Retail Relief discount applied. Hence they are paying less this year.
THE BUSINESS
Gross Reve
