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A3 Restaurant To Let, 513 Old York Road, Wandsworth, SW18 1TF

780 Sq Ft / Leisure / Restaurants / Cafes

Let - Last updated: 15 January 2019

The property comprises a Class A3 Use unit arranged over ground floor and basement. The ground floor offers a seating area for approx. 30-35 covers with two rear WC/washrooms. The premises has excellent natural light. The basement is comprised of the kitchen area and the extraction.

Location

The property is situated at the eastern end of Old York Road between Ebner Street and Alma Road. Old York Road is an attractive street with numerous retailers, bars and restaurants including Pizza Express and Sainsbury’s Local, located in the heart of The Tonsleys. Public transport is available from Wandsworth Town mainline station.

Accommodation

The premises benefit from the following approximate net internal floor areas.

Ground Floor Internal Width (Front) - 11.5 ft   3.5 m

Restaurant depth - 40 ft  12.2 m

Seating Area - 525 sq ft (48.8 sq m)

Basement kitchen - 255 sq ft (23.7 sq m)

TOTAL - 780 sq ft (72.5 sq m)  

Terms

Tenure - The property is held on an effective full repairing & insuring lease for a term of 10 years from Oct 2013 subject to rent reviews on each 5th anniversary of the term.

Rent - £25,000 per annum exclusive

Premium - Offers in the region of £65,000 for the lease and fixtures and fitting, to include all the kitchen appliances.

Rates - We have been advised that as of April 2017 the rateable value of this property is £20,000, rates payable for this financial year are £9,320

EPC - Available upon request.

VAT - VAT may be applicable on this property.

Legal Costs - The ingoing tenant to be responsible for both parties reasonable legal costs, to include the landlords reasonable Licence to Assign costs.


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