The premises are currently occupied as a wine bar (A3 use class) in accordance with the Town & Country Planning Act (Use Classes Order) 1987. The ground floor benefits from a return frontage providing roughly 30 covers in the bar area, kitchen three toilets and an out space with rear access onto Oakmead Road. The basement is currently used for events and an extra seating area.
Location
The property is located with 5 minutes walking distance (0.2 miles) of Balham Station on a busy secondary retail parade along Bedford Hill Road, other local retailers on the street include Costcutter, Viking Dry cleaners and Ale & Spice. Clapham South and Tooting Bec Stations are equidistant to the subject property (0.8 miles) providing a diverse clientele. The road also benefits from the 315 bus which regularly stops nearby.
Accommodation
The premises benefit from the following approximate net internal floor areas:
Ground floor retail: 66.5 sq m (716 sq ft)
Basement: 40.26 sq m (433 sq ft)
TOTAL: 119.88 sq m (1,149 sq ft)
Terms
Tenure - The property is available to let by means of a lease assignment. The lease includes:
Rent - £25,000 p.a. Lease: 8 years (expiry 2024) Inside the Act
Premium - £80,000
Rates - We have been advised that as of April 2010 the rateable value of the property is £13,250. Rates payable for this financial year are estimated to be in the region of £6,174.50
Viewing -Strictly by appointment via sole agents Kinleigh Folkard and Hayward:
**Confidently Available Staff Unaware**