Upmarket Balham Restaurant Bar Premises For Sale - Balham, London, United Kingdom Add this business to my shortlist >>
Business description
Very affluent residential location. Double fronted. Forecourt for approx 24 covers. A3/a4 use. Fully fitted. Refurbished to high standard. Potenital for 75 + covers. Must be seen!!! Years established: 5 years
Employees: 5
Trading hours: 12noon - 11pm everyday except sunday
Property
Leasehold Lease terms
An assignment of the current Full Repairing and Insuring lease for a term of 15 years with approximately 5 years unexpired. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954. The rent review pattern is three yearly and the last review has been settled very recently. A letter has also been provided by the landlords to confirm that in principle they have no objection either to an extension of the current lease or to granting a new lease, the period and terms to be agreed as necessary with the incoming tenant. Location
Just off Balham high road, the premises is centrally located within the heaver estate, a very affluent residential location, made up of substantial Victorian houses that reach a sale price of between £1.5 - £2.5 million. It is visible from Balham High Road and only 5 minutes walk from Balham and Tooting Bec Underground Stations. Reasons for selling
New Business Interest.
Employees: 5
Trading hours: 12noon - 11pm everyday except sunday
Leasehold
An assignment of the current Full Repairing and Insuring lease for a term of 15 years with approximately 5 years unexpired. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954. The rent review pattern is three yearly and the last review has been settled very recently. A letter has also been provided by the landlords to confirm that in principle they have no objection either to an extension of the current lease or to granting a new lease, the period and terms to be agreed as necessary with the incoming tenant.
Just off Balham high road, the premises is centrally located within the heaver estate, a very affluent residential location, made up of substantial Victorian houses that reach a sale price of between £1.5 - £2.5 million. It is visible from Balham High Road and only 5 minutes walk from Balham and Tooting Bec Underground Stations.
New Business Interest.
Financial Details
Asking price:
£120,000
Fixtures value:
£NaN
£120,000
£NaN