Beautiful Restaurant And Accommodation In South West London For Sale

Business description

In parade of shops on busy main rd, densely pop area, etc. 800 sq ft grd flr (40 seats)+270 sq ft prep rm, tkg £3,000 pw. 15 yrs lse from Feb 06, 3 yrly reviews, rent £30,000 pa, rates £3,050 pa. S/c 4-bedsits on 3 flrs, rental income of £15,000 pa. For Further information please click on the Contact Seller button below.

Property information

Property:

Leasehold

Lease terms:

15 years lease was granted in February 2006 with 3 yearly rent reviews and the current rent is £30,000 per annum.

Leasehold rent:

£30,000 per annum

Living accommodation:

There is a self contained accommodation above with front entrance and part double glazed. The 1st floor comprises double bedroom, bathroom & toilet and on the 2nd floor there are further 2 double bedrooms. On the 3rd floor there is a double bedroom and kitchen/diner. The accommodation is let as 4 bedsits yielding rent of £15,000 per annum.

Size in square feet:

1,070

Business Operation

Reasons for selling:

Retirement

Trading hours:

Tues – Fri noon – 2 pm & 6.30 pm – 10 pm, Sat 6.30 pm – 10 pm & Sun 12.30 pm – 3 pm.

Employees:

Owner + 3 f/t & 2 p/t

Years established:

4