Details - Restaurant Property

020 7935 2222
enquiries@restaurant-property.co.uk
HIGHLY CONFIDENTIAL * STAFF UNAWARE
Nazmin’s
396-398 Garratt Lane
Earlsfield
London
SW18 4HP
FREEHOLD/LEASEHOLD FOR SALE
TERM
LOCATION
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.
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.
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
RENT
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)
£18,000 per annum exclusive
PREMIUM
£200,000 for the benefit of the license and
fixtures & fittings.
933 sq ft
In addition there is a 4 bedroom flat on the
upper floors
Ground Floor (396)
PLANNING
888 sq ft
TOTAL
1,821
The property benefits from A3 use.
sq ft
Restaurant Property hereby gives notice that these particulars do not form any part of a contract or Offer. The details contained are issued without responsibility on the part of the
firm or their clients and therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy himself as to the correctness of each statement. The vendor
does not make or give, and neither the firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
enquiries@restaurant-property.co.uk
|
020 7935 2222
| www.restaurant-property.co.uk
5 Fitzhardinge Street, London W1H 6ED
|
| twitter.com/RestProp
Registered in England No. 4741589
LICENSING
RATES
The premises benefits from a licence to sell alcohol
Monday – Saturday until 00:00 and Sunday until
23:30.
We have been verbally informed by the local
020 7935 2222
authority:
EPC
Rateable Value:
£30,250
A EPC is available upon request.
Rates Payable:
£14,580
LEGAL COSTS
All parties are advised to confirm the above with
the Wandsworth Council.
2013-2014
Each party to bear their own legal costs incurred
in this transaction.
enquiries@restaurant-property.co.uk
F OR VIEW I N G S P L E A S E C O N TA C T
SALLY FRENCH
020 7935 2224
07772 501 669
sally@restaurant-property.co.uk
GUY MARKS
020 7935 0303
07858 379 304
guy@restaurant-property.co.uk
SUBJECT TO CONTRACT
enquiries@restaurant-property.co.uk
|
020 7935 2222
| www.restaurant-property.co.uk
5 Fitzhardinge Street, London W1H 6ED
|
| twitter.com/RestProp
Registered in England No. 4741589