Restaurant/cafe to let in Mitcham Road, London SW17

From £41,000 pa (£48.18/sq. ft. pa)
Interested in this property? Call +44 20 8166 7557 * or Request Details

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Restaurant/cafe to let

From 851 - 2,000 sq. ft*

Property features

  • Premium/Goodwill £120,000
  • Rent: £41,000 p/a
  • Residential Rental Income £33,600 p/a

Property description

Currently trading as Matka Inn (Serving Authentic tea and cakes etc) since 2021 on one of Tooting Busiest Main Road. Units of this calibre, location and style are very difficult to get hold off.

Lease 4 Years, expires Mar 2027, excludes the Landlord and Tenant Act 1954
New Lease a possibility
Postcode: SW17 9NG
Rent: £41,000 per annum
Rental income from residential above: £33,600 per annum
Rates: Can be confirmed with Local Authority
Goodwill/Premium: £120,000

Matka Inn (The Unit)
- Large shopfront
- Relaxing Furnishings and Décor throughout creating the calm Atmosphere
- 34 Covers
- Fully Equipped Trade Kitchen with Extraction System
- Rear Access with Car Parking Space
- Turnover of £14,000-18,000 per month
- Admin/reference fee of £1,750.00 + vat

Due to other Business commitments the current Leaseholder has not been able to exercise the full potential of this Business.

Regardless of the time of day, footfall is both high and consistent. I advise you get a feel of the area before/after viewings and see this for yourself.

To book viewings - Call Residenza Properties Ltd

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Residenza Properties Tooting Ltd, SW17 on +44 20 8166 7557 * (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 Residenza Properties Tooting Ltd, and do not constitute property particulars. Please contact Residenza Properties Tooting Ltd 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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