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537-539 Garratt Lane, Earlsfield SW18 A3 Restaurants and cafes for sale

£1,070,000

Property description

    Property features

  • Food and Beverage
    (Restaurants and cafes)
  • Dimensions: 231 m2
    (2485 ft2)

The subject property consists of ground floor and basement commercial unit. Occupiers close by include Caffé Nero, Starbucks, De Rosier, KFC, Headmasters, Costa, Sainsbury's, Kinleigh Folkard & Hayward, Foxtons, Burrito and Barclays Bank.

Location: The premises are located in a prime location on Garratt lane, within close proximity to Earlsfield Station (South Western Railway) which provides services into London Waterloo in approximately 15 minutes. There are also several bus routes along Garratt Lane which provide access to Victoria, Putney Bridge, Mitcham and Tooting.

Terms & conditions: A long leasehold of 999 years from 29th September 2009 at a ground rent of £250 per annum. The restaurant is currently let on a 15 year lease from the 22nd October 2018, expiring on 21st October 2033. The passing rent is £65,000 Per Annum Exclusive with 5 yearly open market rent reviews. The lease is inside the provisions of the Landlord and Tenant Act 1954.

Sale: We are instructed to seek offers in excess of £1,070,000 subject to contract.

Additional information

Tenure

Unknown

Nearest stations

  • Earlsfield (0.1 miles)

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