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Key Features

• Premium/Goodwill £125,000.00
• Size 1,270 Sq/Ft
• Prime Location

Summary

Residenza are proud to offer a prime located shop currently trading as a Portuguese restaurant with Class E (formerly known as Class A3/A5) use on Lavender Hill, SW11. The property is situated on a busy parade and benefits from a high footfall pass by trade.

Postcode: SW11 5QL

EPC: TBC
Use: Class E (Trading as a Portuguese Restaurant) (formerly known as Class A3/A5)
Rent: £27,500 per annum
Rates: Rateable value of £13,750 P/A
Rent Review: Every 5 Years - next rent review 2029
Lease: Transfer of existing 20 year lease dated 2013 thus having 09 years unexpired with option to renew
Size: 1,270 Sq/Ft
Weekly Takings: £8,000 PW
Premium: £125,000.00
Terms: Quarter rent and deposit in advance
Legal Fees: Incoming tenant liable for own and freeholders legal costs
Opening Hours: Sunday - Thursday 07:00 am till 12:00am, Friday - Saturday 07:00 - 01:30
Covers: 40 + Covers
Licence: Alcohol & late night

To view this property, contact our commercial team or visit our website www.residenzapropertiesltd.com

Additional Information

For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com