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£60,000 pcm | £720,000 pa | 800 sq ft

Restaurant to rent

Battersea High Street, Battersea SW11

£60,000 pcm | £720,000 pa | 800 sq ft

Restaurant to rent

Battersea High Street, Battersea SW11

Description

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Letting details

  • Available now
  • Furnished

Property description

LOCATION:

 

The premises are prominently located on a enviable trading position on Battersea High Street, Battersea. Battersea is a district of south west London within the borough of Wandsworth, located on the south bank of the river Thames and only 3 miles southwest of Charing Cross. The tube station is less than 5 mins walk away and the much sought after area is a hub for independent retailers, cafes, bars and restaurants. Property prices are high and sought after with a healthy mixture of both homeowners and rental residents. There is metered parking in the adjacent streets.

 

 

 

DESCRIPTION:

 

This very well established concern currently primarily offers a full and varied takeaway menu of Portuguese style chicken Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, and rear yard all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

 

 

 

BUSINESS:

 

Appealing to a current owner-operator of a takeaway, looking to grow through acquisition, or a first time buyer wishing to take on a successful venture, a new owner could take steps to increase the business’s overall revenue significantly. Although the business exercises marketing initiatives profusely, for example, through flyering, placing a blackboard on a busy street and via Facebook, additional marketing could be put in place. This could be in the form of an online website which promotes special offers and new items. Taking on additional staff would also increase the business’s efficiency and help to acquire higher takings in a shorter period of time. Opening on Saturdays would further accommodate for business from busy shoppers. The current owner has indicated a willingness to stay on for a transitional period to familiarize the new owner with initial business operations.

 

 

 

USES:

 

A3/A5

 

 

 

PREMIUM:

 

£60,000 for the benefit of the lease, fixture & fittings

 

 

 

RENTAL:

 

£17,500 per annum

 

 

 

TERMS:

 

7 years left, lease renewable

 

 

 

BUSINESS RATES:

 

£1,000 per annum. Interested parties are advised to make their own enquiries to the local authority.

 

 

 

SIZE:

 

Approximately 800 sq ft

 

 

 

OPENING HOURS:

 

Monday till Friday 12 noon - 9:00 p.m & Saturday Closed, Sunday 13:00 p.m till 19:00 p.m

 

 

 

STAFF:

 

Own managed with 1 staff

 

 

 

TURNOVER:

 

Current turnover in excess of £150,000 per annum

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

LOCAL AUTHORITY:

 

Wandsworth

 

 

 

REFERENCE CHARGE:

 

London Properties charges a fee of £200 plus 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 the deposit will buy a period of exclusivity and will be held in the London Properties client account

 

 

 

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.

 

 

 

AGENT NOTE:

 

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-  


1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.  


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 London Properties.  


4. All rent prices, fees and charges are quoted exclusive of VAT


 

 

 

VIEWINGS:

 

Through London Properties by appointment only

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 020 8115 1657

DISCLAIMER

Property reference SW11 3JS. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by London Properties - Wealdstone. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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