The property has been operating as a Cafe / restaurant under the same ownership for over 25 years, comprises main dining area, kitchen / bar / coffee station, store room and W/C.
Good glass frontage with electric shutter to front with canopy, 60 cover restaurant with quarry tiled flooring, padded and chrome tables and chairs, strip lighting. Counter top/servery with glass fronted bottle chiller, coffee machine (hired purchase).
Fully equipped catering kitchen comprises 6 ring gas cooker with extractor hood over, 4 microwaves, griddle, deep fat fryer, 2 chest freezers, 2 stainless steel sink units with double drainers, tiled floor and walls, WC with wash hand basin. Combination boiler.
Current weekly takings vary from a minimum of £3,000 per week to a maximum of £7,000 per week. Average weekly sales are in the region of £3,500 per week. However, scope exists to increase trade further should the right tenant take the lease on this property especially with the new developments planned for the area.
The ingoing tenant should be prepared to pay one quarters rent in advance along with one quarters rent to be paid and held as a security deposit.
Location
Situated within a vibrant area close to the new Nine Elms Underground station, Vauxhall, Stockwell, Battersea Power Station and Wandsworth Road Stations are also nearby.
The area has seen major regeneration take place recently which has substantially increased the potential customer base.
Accommodation
Size - extending to approximately 700 Sq ft
Terms
Available on a new lease with terms to be agreed by negotiation ‐ Guide Rent £32,500 pa
Our client is also seeking a premium / goodwill. Guide Price £60,000
Viewings - Do not approach staff