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Key Features

• Prominent Location
• Current Restaurant Use
• Premium £150,000
• Rent £35,000
• Over 45 Covers
• 21 Years Sub-Lease

Summary

The property is located in a prominent position on Upper Tooting Road, in between Tooting Broadway and Tooting Bec Station. We understand the property currently is used as a restaurant. Other uses may be considered subject to terms being agreed, landlords"
consent and relevant planning permissions.

Location

Restaurant available on Upper Tooting Road SW17-Lucrative going concern, Premium/Goodwill £150,000. Well sought and prime location. Offering in the heart of Tooting along the A24 Upper Tooting Road a privately owned A3 restaurant with over 45 seating capacity.


Postcode: SW17 7EW
High Street Location
Excellent business parade
Floor Area: 1,005 Sq/Ft - 93.40 Sq/M Approx
Lease: 21 years underlease/Sublease remaining inside L&T Act 1954
Rent: £35,000 per annum lower compared to other A3 units in the area
Rates: TBC (Local Authority)
premium: £150,000 includes the business all fixture and fittings.
Sales: £32,000 per month, plus catering additional £8,000 per month
Rent Review: Next in 2024
Over 45 covers
Running business
Available immediately

The wide frontage from Upper Tooting Road and straight into the open plan ground floor retail area.

Additional Information

The nearest mainline rail service is Tooting Station, 15 mins walk to the South.

Road connections into and out of central London are available via the A24 and Garratt Lane / Mitcham Road connecting Wandsworth to Croydon, Streatham and Clapham.

Viewings strictly by appointment only through Residenza Sole Agents.

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