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Key Features

• Prime Location
• Artisian pizzeria & Rosticceria business
• Alcohol Licence
• Premium/Goodwill £120,000
• Sales £360,000.00 pa approx

Summary

Residenza is now marketing a going concern in the sought-out area of St Johns Hill SW11 1TH. A beautiful Artisian pizzeria & Rosticceria business with a Restaurant and Alcohol licence. Premium/Goodwill: £120,000

TENURE: The property is available on a lease assignment expiring 2035 thereafter extended-able for a further 12 years
Rent: £26,000 PA
Sales: £360,000.00 pa approx.
Premium/Goodwill: £120,000
RENT: £26,000 per annum exclusive
BUSINESS RATES: London Borough of Wandsworth
Rateable Value (2023 list): £14,750
Rates Payable (2024-2025): £7,360.00 approx
UBR: (2025/2026): 49.9p in the £

ACCOMMODATION: The property comprises the following approximate areas and dimensions: -
Ground floor total: 762Sq/Ft (70.8m2)
Internal width (to front) 15'5" approx
Shop depth 72'1"approx

DESCRIPTION: The shop is arranged on the ground floor. It has a folding sliding framed glazed frontage openings to one side giving good natural light. There is open plan retail space to the floor with seating and office to the rear, a kitchen, WC's. The shop is fitted out to a very high standard with
excellent flooring and a wood fired oven

Location

LOCATION: The property is situated on the south side of St John's Hill, opposite St Johns Therapy Centre only a few moments from Clapham Junction. This is a busy location with a variety of restaurants, pubs, shops including Tapajax, Sainsbury's Local and Topps Tiles and many independent retail and service businesses.
The surrounding area is of high value residential properties providing a good customer base. The unit has a central position in the parade.

Additional Information

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