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Streatham Hill Fully Fitted Restaurant To Let

UK
Asking Price:
£41,500 per annum
Turnover:
Undisclosed
Net Profit:
Undisclosed

The restaurant is laid out over ground floor and basement. The ground floor hosts a fully fitted bar and is laid out to accommodate approximately 50 covers. The basement consists of a partially fitted kitchen with extraction and large storage/potential office space. The unit also benefits from rear basement access ideal for deliveries and staff access.

The restaurant is well positioned on the busy Streatham Hill. Streatham has a mixture Independent & High Street shops and restaurants and is part of a community of South London towns such as Balham, Brixton, Clapham and Tooting. Nearby operators include Streatham Wine House, Bar 611 Restaurant, La Parisienne and Bunk Burgers to name a few.

Tenure: A new FRI Lease for a term of 15 years. With 5 yearly rent reviews. A minimum of 6 months rent deposit will be required.

Rent: £41,500 per annum exclusive.

VAT: All prices quoted may be subject to VAT if applicable.

Planning Use/ Licencing: The premises benefit from E class planning and we understand the property has a premises license in place permitting the sale of alcohol until 1am Friday and Saturday and Midnight Monday - Thursday.

Holding Deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.

Key selling points:
High Street Location

Pavement Seating

Ground Floor and Basement

Alcohol Licence

Accomodates Approx. 50 covers

Property Information

Property:

Leasehold

Leasehold Rent:

£41,500 per annum

Size in square feet:
1724 sqft