Property description

Restaurant lease for sale, in a very busy location, 15 years remaining, with a rent review every 5 years, inside the landlord and tenant act, Turnover: Approx £365,000 per annum, Size: Total Approx 1,417 sq ft - Viewings Highly Recommended

** Staff Unaware - Viewings Strictly Through Next Property Commercial **

Location:

Size: Ground 772 sq ft
Basement: 645 sq ft ( let out, generating a rent £10,800 per annum )
Total Approx 1,417 sq ft
License: A3
Premium: On Application
Lease: 15 years remaining, with a rent review every 5 years, inside the landlord and tenant act

The basement has been let out on a license to a Indian take away company and is generating a rent £10,800 per annum, the property further benefits from outside storage, which could be converted into car parking,,

The price includes all the fixtures and fittings which are currently valued at £100,000

This is a popular eating and drinking destination and nearby operators include Ma Goa, The Railway Pub, Nandos, Pizza Express and The Prince of Wales to name a few.

Turnover: £365,000 per annum
Net Profit: Upon Application
Business Rates: £16,900 per annum
Legal Costs: Each part is to bear their own legal costs.

Viewings strictly through sole agents Next Property Commercial 0207 118 0000





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