Restaurant With Expanded Outdoor Covers On A Pedestrianized Street For Sale

Description

Triple-fronted restaurant with a late-night licence. Provides 90 internal covers and 60 external covers.

Nearby operators include Nando’s, KFC and La Rueda, among others.

Use Class E under the Use Classes Order 1987 (as amended).

Rent: £150,000 per annum exclusive.

Consideration: offers in the region of £195,000.

NIA: 2,041 sq ft.

Premises licence hours: Monday to Thursday 11:00–00:00; Friday to Saturday 11:00–02:00; Sunday 12:00–23:30.

The premises is situated in the busy Clapham area of South West London within the London Borough of Lambeth. It is in close proximity to a wide range of restaurants and bars. Transport links include Clapham North Underground Station and Clapham Common Underground Station (Northern Line), as well as Clapham High Street Station (London Overground).

A new full repairing and insuring lease will be granted for a term of 15 years. The lease will be subject to five-yearly rent reviews and will be granted inside the security of tenure provisions of the Landlord and Tenant Act 1954, Part II, as amended.