Queenstown Road, London
£50,000 - Property for sale
Property description
Prime Land Property are pleased to offer this commercial property situated on Queenstown Road, Battersea. This Indian Restaurant is situated entirely on the ground floor and provides 60 covers, a bar, WCs and a fully fitted and equipped kitchen to the rear. There is also a small courtyard/storage area.
Trade: The property has traded since 1979 as a very successful Indian restaurant. The owner reluctantly had to cease trading in 2006 due to a heart problem.
Location: Chelsea Bridge and the Battersea Power Station development site are 5 Minutes away. The predominantly residential area around Queenstown Road is fast improving and offers great opportunity for increased evening trade. Early viewing recommended. Please contact our Whitechapel office on Property Details:
A3 Permission Indian Restaurant with alcohol license.
Lease Premium £50, 000 inc benefit of the leasehold interest, furniture, fixtures, fittings and Kitchen equipment.
Lease Period 20 Years
Rent £25, 000 Per Annum
Rent Review Every 3 Years
Rates: £560 Per Month
Ground Floor: 994 Sqft
Legal Costs: Each party to be responsible for their own legal costs.
Possession: Possession is available upon completion of all legal formalities relating to the conveyance.
Viewing: Strictly By Appointment Through Prime Land Property Only.
Queenstown Road home values and house price data
Queenstown Road Zed-Index!
What is the Zed-Index!
£489,895
Turnover: 24.2%
What is Turnover?
No. of property sales: 30
No. of property sales: 356
No. of property sales: 774
No. of property sales: 1,182
| Streets nearby | Zed-Index! What is the Zed-Index! |
|---|---|
| Stanley Grove | £395,039 |
| Ashley Crescent | £204,030 |
| Heather Close | £191,256 |
| Dunston Road | £294,322 |
| Recent sales nearby | Price paid |
|---|---|
| 58b Queenstown Road | £265,000 |
| Apartment 71, Warwick Building, 366 Queenstown Road | £320,000 |
| Flat 122, Howard Building, 368 Queenstown Road | £625,000 |
| Apartment 77, Warwick Building, 366 Queenstown Road | £335,000 |
Local info for Wandsworth
This leasehold property, located in Queenstown Road, London is listed for sale for £50,000. The current asking price is 90% lower than the average current value for properties on Queenstown Road which is £489,895. There have been 356 property sales on Queenstown Road in the last 3 years, with sold house prices averaging £503,251.