£485,000

Restaurant for sale

  1. Property photo 1 of 14.
  2. Property photo 2 of 14.
  3. Property photo 3 of 14.

£485,000

(£408.94/sq. ft)

Restaurant for sale

Bridge Street, Walton-On-Thames KT12

1,186 sq. ft

Local area information

Property location

Nearby amenities

  • Ashley CofE Aided Primary School 0.2 miles
  • Westward School 0.6 miles
  • Walton-on-Thames 1 mile
  • Shepperton 1.3 miles

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

Read our area guide for Walton-On-Thames to find out more about the local area.

Features and description

  • Densely populated area
  • VAT payable
  • Town centre location
  • Public car park nearby
Freehold guide price £485,000 + VAT- Business unaffected.

The premises are let to an Italian restaurant that has been in occupation for some years.
The property is generally well presented with dining areas on both ground and first floors. There is an outside covered seating area providing the restaurant with additional covers and an area of rear yard- due to a title irregularity our client has applied to the Land Registry for adverse possession on these external areas. The kitchen is located on the ground floor, along with a preparation area and store, whilst male and female toilets are on the first floor.

Total (internal) area of approximately 1,186 sq ft.

The property is let on a 15 year Fri lease, drafted outside the Landlord & Tenant Act 1954 and commencing 17th January 2015. The current rent is £26,000 + VAT p.a. There is a Rent Review on 16th January 2025- no notices have been served by our client yet. The tenant id Da Vito Restaurant Limited and there is a Director's Guarantee.

Bridge Street is a very popular dining location, being close to the High Street and the River Thames.

Lease details- Let on a 15 year Fri lease from 17/1/2015, drafted outside the Landlord & Tenant Act 1954.

Please view strictly by appointment only and do not disturb the tenant .

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Franklin Commercial. 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 Franklin Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Walton And Weybridge
  5. Walton-on-Thames
  6. Bridge Street