Battersea Cafe/Bakery with Light Extract Lease for Sale

Key Features

• Busy Location
• Close to Royal College of Art
• Light Extract in Situ
• Large Kitchen
• Excellent Condition

Description

The premises operate as a fully fitted bakery and cafe over ground floor and basement, featuring a low-level extraction system and a kitchen in the basement. The ground floor accommodates approx. 40 covers with further pavement seating to the front.

Available area

The accommodation comprises the following areas:

Location

The premises are located in the affluent and thriving residential area of Battersea, on a busy stretch of Battersea Bridge Road, close to a number of independent restaurants, bars and cafes.

Tenure

Assignment of the existing lease expiring in 2048, held outside the 1954 Act, and subject to 5 yearly rent reviews.

Passing Rent

Please enquire for more information.

Premium

Offers in the region of £90,000 to include the fixtures and fittings(subject to inventory), licence and leasehold interest.

VAT

VAT may be applicable to the rent, premium and any other figures quoted.

Planning/Licence

The premises benefit from E Class planning use and have a premises licence in place to allow the sale of alcohol (on/off) until 11pm every day of the week.

Confidentiality

Highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.