£59,000

Restaurant for sale

  1. Property photo 1 of 1.
Business

Guide price

£59,000

(£114.12/sq. ft)

Restaurant for sale

Garratt Lane, London SW18

517 sq. ft

Local area information

Property location

Nearby amenities

  • Earlsfield 0 miles
  • Earlsfield Primary School 0.1 miles
  • The Chelsea Group of Children (SEN) 0.1 miles
  • Wimbledon Park 0.7 miles

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

Read our area guides for Earlsfield, Summerstown and Wimbledon Park to find out more about the local area.

Features and description

  • Eligible for rate relief
  • Area: Circa 517.63sq. Ft
  • Benefits from three phase electricity
  • Covers: Circa 22
  • Premises licence in place
  • Quick sale
Fully Fitted Wine Bar & Cafe for Sale in Wandsworth. Quick Sale !

Property id: Rps-22628

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details


Eligible for rate relief
Area: Circa 517.63sq. Ft
Benefits from three phase electricity
Covers: Circa 22
Premises licence in place
Quick sale

landlord’s requirements

Guarantor may be required (subject to references)
6 months deposit required (subject to references)
Other usual checks will be carried out
Lease details


Lease: Ending October 2037 (Inside lta 1954 Act)
Rent: £18,000 pax
Rent review: Every 5 years
Next rent review: October 2027
Premium: £59,000 (Business, Lease & fixtures and fittings)
The premises


Area: Circa 517.63sq. Ft
Benefits from three phase electricity
Covers: Circa 22
Premises licence in place
Eligible for rate relief
Rateable Value: £13,250
Payable Rates: Circa £6,611.75/annum (paying £1,500/ this year with discount)
The business


Gross Revenue: We have been informed that the business generates gross revenue of circa £156,000 per annum (£3,000/week) by only trading 5 days a week.
Our client manages the cafe with 1 full time & 1 part time Staff.
The location


Busy parade in Wandsworth, SW18
Circa 2 miles away from Tooting Market
Immediate occupiers include Pizza Hut, Tesco Express & other independent retailers
Viewings & confidentiality


All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer


The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

More information

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

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Earlsfield
  6. Garratt Lane