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£49,950 pcm | £599,400 pa | 582 sq ft

Restaurant to rent

High Street, Colliers Wood SW19

£49,950 pcm | £599,400 pa | 582 sq ft

Restaurant to rent

High Street, Colliers Wood SW19

Description

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Letting details

  • Available now
  • Furnished

Property description

LOCATION:

 

The premises are prominently located in a parade in a large residential area and situated on the High Street in Colliers Wood & Colliers Wood Tube Station is within walking distance.

 

 

 

DESCRIPTION:

 

An opportunity to purchase a trading restaurant in a popular location. The property is offered in good condition throughout and has great scope for increasing trade as the current owners do not offer delivery service, which we feel is essential if it is to continue as a Chinese restaurant with 30 covers. The unit benefits from fully fitted kitchen with prep area, WC, storage room and a door leading to rear access for deliveries.


 

 

 

USES:

 

A3 with alcohol licence

 

 

 

PREMIUM:

 

£49,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

 

 

 

RENTAL:

 

£18,000 per annum

 

 

 

COVERS:

 

30

 

 

 

TERMS:

 

15 Year Lease from 2015 with rent reviews every 5 years

 

 

 

BUSINESS RATES:

 

Nil. However, all interested parties are encouraged to make their own enquiries with London Borough of Merton

 

 

 

SIZE:

 

Approximately 582 sq ft

 

 

 

OPENING HOURS:

 

Tuesday till Sunday 5:00 p.m - 11:00 p.m & Monday Closed

 

 

 

STAFF:

 

Family Run

 

 

 

TUROVER:

 

Current turnover in excess of £93,600 per annum approximately.

 

 

 

ACCOUNTS:

 

Available on request

 

 

 

LEGAL COST:

 

The ingoing tenant is expected to cover the landlords legal fees as well as their own

 

 

 

LOCAL AUTHORITY:

 

Merton

 

 

 

ENERGY PERFORMANCE CERTIFICATE:

 

Energy Performance Asset Rating is 71- C Rating. A copy of this property’s energy performance certificate is available on request.

 

 

 

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.

 

 

 

MAILING LIST:

 

We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

 

 

DETAILS BY E-MAIL:

 

We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:

info@london-properties.co.uk

 

 

FREE VALUATIONS &

MARKETING ADVICE:

 

We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:

[use Contact Agent Button]

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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 Collierwood. 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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