Restaurant for Sale in Balham High Road
Rent: £35, 000 pax | Circa 1494 Sq. Ft (Ground Floor & Basement) | Lease:
Ending Feb 2035
**Main features
**
Sought After Location in Balham High Road
Modern Decor & Fully Fitted
Spread over Ground Floor & Basement
Spacious Kitchen in the Basement
Tenant Only Break Clause at Fifth Year (Feb 2025)
Permitted Opening Hours: No Restrictions
**Lease details
**
Lease Ending Feb 2035 (Inside the Act)
Rent: £35, 000 pax
Rent Review Term: Every 5 years
Next Rent Review: Feb 2025
Premium: £190, 000* (Lease & fixtures & fittings only)
**Premises
**
EPC Rating: D
Total Area Circa 1494 Sq. Ft (Ground Floor: 879. 41 & Basement: 614. 59 Sq. Ft)
Benefits form Extraction
Circa: 50 - 60 covers
Rateable Value: £28, 750 (Payable Business Rates: Circa 14, 000 per annum)
Both On & Off Premises Licence: 10am till 12am & Sun: 12pm till 11: 30pm
Permitted Opening Hours: No Restrictions
Current Opening Hours: 5: 30pm till 11pm
**The location
**
Balham High Road, SW12
03\. Mile from Balham Train Station
Busy Road with Passing Trade
Immediate Units Occupied by National & Independent retailers
**Trading
**
Turnover: Gross £700, 000/annum (Circa £13, 500/week) as per the seller
Current Trading Hours: 5: 30pm to 11: 30 pm
UberEATS, Deliveroo & JustEat
**Reason for sale
**
Other businesses
landlord’s requirement
Rent Deposit Required (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
**Viewings & confidentiality
**
All interested buyers must agree Non - Disclosure Agreement with our company due
to the “Confidentiality” requested by the client. Viewings are 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.

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