Restaurant/cafe to let
Location: Brixton Road is close to many restaurants, bars & shops, It`s also approximately only minutes away from central London, Oval underground and Brixton Underground stationDescription: The premises have the benefit of a fully fitted kitchen with prep area, WC, storage room and a huge basementuses: A3/A5premium: £85,000 Guide price for the benefit of the lease, fixtures, fittings, and goodwill.Rental: £38,000 per annumTerms: Premises are available by way of New Lease of a 15-year lease (Renewable lease) inside the Landlord and Tenant Act, with a rent review every 5 years, Business rates: Tbc( qualify for small business rate relief )Opening hours: Monday – Saturday 11:00 am till 2:00 am 7 daysStaff: Owner managed with 2 staffTurnover: Current turnover in excess of £225,000 per annum approximately.Legal cost: Each party to be responsible for their own legal costslocal authority: Lambeth Council
Reference charge: Palm Lettings charges a fee of £250 No VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been Taken up, whether they are accepted or not by the LandlordHolding deposit: A holding deposit will be required to secure the property, fixture & fittings: Any fixtures, fittings, equipment, machinery, and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own inquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees, and charges are quoted exclusive of VAT