Fully Fitted Restaurant premises in Busy Location with Outside Space for Al Fresco Dining

Key Features

• Al Fresco Dining
• Busy Location
• Long Term Left on Lease
• Fair Market Passing Rent
• Turn Key Opportunity

Description

Fully fit and recently refurbished as a mediterranean style restaurant all over ground floor with approximately 34 covers, large bar and open kitchen.

There is space to accommodate a further 6 covers at the front outside and has a rear service yard for deliveries.

Available area

The accommodation comprises the following areas:

Location

The premises are located on the very busy Northcote Road in South West London. In amongst other restaurants and retailers therefore attracting large amounts of passing trade to the area every day of the week at all hours of the day.

Tenure

We are offering an assignment of the existing Full Repairing and Insuring lease grnted for a term to expire in approximately 18 years, subject to 5 yearly rent reviews, the next one being in approx 3 years.

Passing Rent

£70,000pax

Premium

Premium Upon Application for the benefit of the lease, fixtures and fittings

VAT

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

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.