TYPEGeneral Retail, Retail - High Street, Pubs/Bars/Clubs, Restaurant/Cafes, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities
TENUREAssignment, Business for sale, To Let
POSTED ON21st January 2020
Residenza offers this Corner Plot, A3 Restaurant with Alcohol License and a Basement and Rear Exit currently trading Georgian Foods/Gourmet Burgers and Pizzas on the well-known Upper Richmond Road. Use: A3 Rent: £23,000 per annum Rates: TBC with Local Authority Premium: £80,000 ONO Rent Review: every 5 Years (24,29,34) Lease: Assignment of 19 years remaining Size: 1778 sq. ft Terms: Quarter Security Deposit/Quarter Rent Sales: £4500 p/w approx.
The restaurant currently benefits from 31 covers (can easily fit up to 40). Separate Male and Female WC. £1200 coffee machine, Charcoal Grill, Stone Bake Italian Pizza Oven other than the extraction system in place. £30,000 spent in way of machinery less than a year ago. Additional VIP room towards the rear for customers.