£290,000

Restaurant for sale

  1. Property photo 1 of 1.
Business

£290,000

(£138.10/sq. ft)

Restaurant for sale

St. John's Hill, London SW11

2,100 sq. ft

Local area information

Property location

Nearby amenities

  • Park House School (SEN) 0.1 miles
  • Centre Academy London (SEN) 0.1 miles
  • Wandsworth Town 0.4 miles
  • Clapham Junction 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for The Tonsleys, Clapham Junction and Battersea to find out more about the local area.

Features and description

  • Area: Circa 2,100Sq. Ft
  • Fully Fitted Commercial kitchen
  • Gas & Extraction in Place
  • Benefits from Premises Licence
Restaurant for Sale in St. John’s Hill, Battersea

Property id: Rps-21869

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features


Area: Circa 2,100Sq. Ft
Fully Fitted Commercial kitchen
Gas & Extraction in Place
Benefits from Premises Licence
Lease details


Lease Ending Dec 2042 (Inside lta 1954 Act)
Current Rent: £64,000 pax
Rent Review Term: 5 years
Next Rent Review: Dec 2027
Premium: £290,000 (Business, Lease and Fixtures & Fittings)

landlord’s requirement

6 Month’s Rent Deposit Required (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
Premises


Area: Circa 2,100 Sq. Ft
Fully Fitted Commercial kitchen
Gas & Extraction in Place
Benefits from Premises Licence
Permitted Hours: 11am to Fri-Sat: 2am & 12am
EPC Rating : B
Business Rates: Circa £23,952/annum (Rateable Value: 48,000)
Retail Relief discount applied. Hence they are paying less this year.
The business


Gross Revenue: We have been informed that the business generates gross revenue of circa £390,000 per annum (£7,000-8,000/week).
The location


St John Hill, Battersea
Immediate units are occupied by several national retailers
Excellent Location
Viewings & confidentiality


All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer


The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Clapham
  6. St. John's Hill