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Garret Lane, London, SW18

Price on application

Restaurant For Sale

The property is located in the residential suburb of Earlsfield in Wandsworth, just a short walk south of Earlsfield station and a stones throw from the River Wandle with an array of restaurants, bars and coffee shops surrounding the premises. Nearby occupiers include Carluccio`s, Caffe Nero, Graffiti Cocktail Bar, The Halfway House, Double Bubble, The Earlsfield Gastropub, The Halfway House and many more.

ACCOMMODATION

The premises are fitted out to a high standard and are arranged at ground, first and second floors providing the following approximate areas:

Ground Floor (398) 933 sq ft
Ground Floor (396) 888 sq ft

In addition there is a 4 bedroom flat on the upper floors

TOTAL 1,821 sq ft

TERM

The freehold (396 Garratt Lane) provides part restaurant on the ground floor and a 4 bed flat arranged over the first and second floor. Sale price - offers in excess of ?1,000,000.
398 Garratt Lane (part restaurant) is available by way of way of an assignment of the existing Full Repairing and Insuring lease for a term of 40 years expiring 2044, held within The L&T Act, subject to 5 yearly rent reviews. ?18,000 per annum.

RENT

?18,000 per annum exclusive PREMIUM ?200,000 for the benefit of the license and fixtures & fittings.

PLANNING

The property benefits from A3 use.

PREMIUM

?200,000 for the benefit of the license and fixtures & fittings.

PLANNING

The property benefits from A3 use.

LICENSING

The premises benefits from a licence to sell alcohol

Monday ? Saturday until 00:00 and Sunday until 23:30.

EPC

An EPC is available upon request.

LEGAL COSTS

Each party to bear their own legal costs incurred in this transaction.

RATES

We have been verbally informed by the local authority:

2013-2014

Rateable Value: ?30,250

Rates Payable: ?14,580

All parties are advised to confirm the above with the Wandsworth Council.



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

No floorplans available for this property

No EPC available for this property

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Office Details

Our Commercial Office
6 Noel Street
London
W1F 8GG

0207 118 0000
info@nextpropertycommercial.co.uk

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