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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.

For sale: £80,000.00|To rent: £23,000.00 Per Sq Ft|1778 Sq Ft|General Retail, Retail - High Street, Pubs/Bars/Clubs, Restaurant/Cafes, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£80,000.00
TO RENT£23,000.00 Per Sq Ft
SIZE1778 Sq Ft
ADDRESSFlat, 40 Upper Richmond Road, London, Greater London, SW15 2RX
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

DESCRIPTION

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.

LOCATION

Location: Flat, 40 Upper Richmond Road, London, Greater London, SW15 2RX

East Putney (0.3 miles)

Southfields (0.8 miles)

Putney Bridge (0.8 miles)

Putney (0.6 miles)

Wandsworth Town (0.7 miles)

Earlsfield (1.1 miles)

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