Restaurant/cafe for sale in London Road, London SW16

Restaurant/cafe for sale
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Property description

Location: London Road is close to many restaurants, bars & shops, It`s also approximately only 2 minutes walk from Norbury Rail station.
Description: The premises have the benefit of a fully fitted kitchen with prep area, WC, storage room
uses: A3/A5
premium: 50,000 Guide price for the benefit of the lease, fixtures, fittings, and goodwill.
Rental: 11,500 per annum
Terms: Premises are available by way of reassignment of a 6-year lease remaining (Renewable lease) inside the Landlord and Tenant Act, with a rent review every 5 years, Business rates: Zero( qualify for small business rate relief )
Opening hours: Monday - Saturday 11:00 am till 2:00 am 7 days
Staff: Owner managed with 2 staff
Turnover: Current turnover in excess of 200,000 per annum approximately.
Legal cost: Each party to be responsible for their own legal costs
local authority: Croydon CouncilReference charge: Palm Lettings charges a fee of 250 No VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been Taken up, whether they are accepted or not by the Landlord
Holding deposit: A holding deposit will be required to secure the property, fixture & fittings: Any fixtures, fittings, equipment, machinery, and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own inquiries.2. These details do not constitute any part of an offer or contract.3. All statements or details contained within these particulars are without any responsibility on any part, to Palm Lettings Ltd.4. All rent prices, fees, and charges are quoted exclusive of VAT

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Palm Lettings, SW16 on +44 20 8115 7658 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Palm Lettings, and do not constitute property particulars. Please contact Palm Lettings for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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