Fully fitted restaurant for sale in Wimbledon Park with premises licence and long lease available
Wimbledon, London, ID 232502
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Description
PROOF OF FUNDS REQUIRED: All interested purchasers must provide proof of funds prior to arranging any viewing.MAIN DETAILSLong lease expiring in 2045 (protected under the Landlord and Tenant Act 1954)Prime trading position in Wimbledon ParkHigh visibility, high footfall location on a busy main roadFully fitted restaurant with gas installation, extraction system, and three-phase electricity supplyApproximately 1,000 sq. ft arranged over ground floor and basementPremises licence in place (currently not in use)Suitable for a wide range of restaurant or café conceptsLANDLORD REQUIREMENTSGuarantor required (subject to referencing)Three months’ rent deposit required (subject to references)Standard tenant checks applyLEASE DETAILSLease expiry: September 2045 (inside the Act of 1954)Current rent: £21,100 per annum exclusiveRent review: every 5 yearsNext rent review: September 2030Premium: £110,000 (business, lease, fixtures and fittings)THE PREMISESTotal area: approximately 1,000 sq. ftSeating capacity: 46 covers across two floorsOutdoor seating: up to 8 guestsGas, extraction system, and three-phase power installedRateable value: £18,750Business rates payable: approximately £5,290 per annumPremises licence previously held but currently inactiveTHE BUSINESSReported gross weekly revenue: £4,500-£5,000GROWTH OPPORTUNITIESActivation of alcohol licence to increase spend per customer and marginsExpansion into delivery platforms across South West LondonExtension of trading hours beyond current evening-only operationAdditional daytime trading potential with minimal additional overheadLOCATIONWimbledon Park, SW19The restaurant is located within an affluent residential and commercial catchment area, close to key local amenities and high-demand leisure and event destinations.VIEWINGS & CONFIDENTIALITYAll interested parties must provide proof of funds prior to viewing.A non-disclosure agreement is required before further information is released.Strictly through the appointed agents only.DISCLAIMERAll details are provided by the seller and are given without warranty or responsibility on the part of the agent. Interested parties must satisfy themselves as to the accuracy of all information provided.
Details
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