£27,500 pa
(£21.65/sq. ft. pa)
Restaurant to letLavender Hill, London SW11
1,270 sq. ft
Available immediately
Furnished or unfurnished
Business
About this property
Prime Lavender Hill Location
Class E
Covered Outdoor Seating Area
Alcohol & Late Night (Premises) Licence in place
Weekly Takings Approx. £8,000
Rent: £27,500 Per Annum
Premium: £125,000
Basement Storage Included
Description
Residenza are pleased to offer this fully fitted Class E restaurant premises prominently positioned on Lavender Hill, SW11. The property extends to approximately 1,270 sq. Ft and currently provides 40+ covers, a fully equipped commercial kitchen, commercial extraction, bar/service area, customer WCs, basement storage and an attractive enclosed dining area.
Offering a genuine turnkey restaurant opportunity, the premises are well suited to a variety of food and beverage concepts and more, with substantial infrastructure already in place.
Location
The property occupies a prominent position on Lavender Hill, SW11 5QL, within an established and busy commercial parade. The surrounding area benefits from a strong mix of independent restaurants, cafés, retailers and local businesses, providing good levels of passing pedestrian and vehicular traffic.
Terms
Premium: £125,000
Rent: £27,500 per annum
Lease: Assignment of existing 20-year lease dated 2013, with approximately 7 years unexpired and an option to renew
Rent Review: Every 5 years – next review 2028
Size: Approx. 1,270 sq. Ft
Use: Class E
Covers: 40+
Licence: Alcohol & late-night (Premises) Licence
Weekly Takings: Approximately £8,000
Legal Costs: Incoming tenant liable for their own and freeholder's legal costs
Terms: Quarter's rent and deposit in advance
Rates
Interested parties are advised to make their own enquiries with the local authority regarding the actual business rates payable.
Viewings
Viewings are strictly by appointment through Sole agents Residenza Properties Tooting. Please contact our commercial team to arrange a convenient viewing time.
Residenza are pleased to offer this fully fitted Class E restaurant premises prominently positioned on Lavender Hill, SW11. The property extends to approximately 1,270 sq. Ft and currently provides 40+ covers, a fully equipped commercial kitchen, commercial extraction, bar/service area, customer WCs, basement storage and an attractive enclosed dining area.
Offering a genuine turnkey restaurant opportunity, the premises are well suited to a variety of food and beverage concepts and more, with substantial infrastructure already in place.
Location
The property occupies a prominent position on Lavender Hill, SW11 5QL, within an established and busy commercial parade. The surrounding area benefits from a strong mix of independent restaurants, cafés, retailers and local businesses, providing good levels of passing pedestrian and vehicular traffic.
Terms
Premium: £125,000
Rent: £27,500 per annum
Lease: Assignment of existing 20-year lease dated 2013, with approximately 7 years unexpired and an option to renew
Rent Review: Every 5 years – next review 2028
Size: Approx. 1,270 sq. Ft
Use: Class E
Covers: 40+
Licence: Alcohol & late-night (Premises) Licence
Weekly Takings: Approximately £8,000
Legal Costs: Incoming tenant liable for their own and freeholder's legal costs
Terms: Quarter's rent and deposit in advance
Rates
Interested parties are advised to make their own enquiries with the local authority regarding the actual business rates payable.
Viewings
Viewings are strictly by appointment through Sole agents Residenza Properties Tooting. Please contact our commercial team to arrange a convenient viewing time.
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