Opis:

The unit is fully fitted to a high standard as a restaurant/lounge bar over ground floor and basement. The uppers consist of 2x1 bedroom self-contained flats, plus 4 rooms with shared facilities. Potential rental income is circa £60,000 per annum.

Location

The premises occupy an excellent position on Lavender Hill on the very busy junction of Cedars Road. It is a popular eating and drinking destination being ideally situated close by to Clapham Junction station, Britain's busiest railway station with approx. 50,000 visitors per day.

Tenure

The premises is held by way of a 20 year full repairing and insuring lease from May 2012. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954. The lease is subject to 5 yearly rent reviews.

Additional

The premises benefit from a premises license with the sale of alcohol without the provision of food until mid-night Sunday to Thursday, Friday and Saturday til 2am. The premises also has a live music/dancing licence to run concurrently with the above. Late night refreshments are allowed until 3am. There is NO restriction to the terminal hours of the business.

Offers in the region of £125,000.00