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London Road, Norbury, SW16 4DS

570 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 01 December 2015

London Properties are pleased to offer to the market this established Turkish restaurant situated on London Road served by a number of bus routes and the nearest station is Norbury railway station. The restaurant benefits from restaurant  56 cover restaurant with additional 16 covers to front, bar servery with back fitting, fully equipped catering kitchen, prep area, walk-in chiller, storage area to rear, decked patio to front. Air conditioning/heating convector units plus combination boiler with central heating. Internal viewings are highly recommended through London Properties by appointment only.

 

Location

The premises are prominently located on London Road served by a number of bus routes and the nearest station is Norbury railway station.


 

Terms

10 years unexpired 5 yearly rent reviews


 

Specification

LOCATION:

 

The premises are prominently located on London Road served by a number of bus routes and the nearest station is Norbury railway station.

 

 

 

DESCRIPTION:

 

Established Turkish restaurant 56 cover restaurant with additional 16 covers to front, bar servery with back fitting, fully equipped catering kitchen, prep area, walk-in chiller, storage area to rear, decked patio to front. Air conditioning/heating convector units plus combination boiler with central heating

 

 

 

USES:

 

A3 with alcoholic licence

 

 

 

TERMS:

 

10 years unexpired 5 yearly rent reviews

 

 

 

PREMIUM:

 

£60,000  for the benefit of the lease, fixture & fittings

 

 

 

RENTAL:

 

£12,540 per annum

 

 

 

BUSINESS RATES:

 

We have been advised by the client that the current rates payable are £5,700. However, all interested parties are encouraged to make their own enquiries with Borough of Croydon.

 

 

 

OPENING HOURS:

 

Mon - Closed -Tuesday to Saturday - XXXm til late & Sunday - XXXm til late

 

 

 

TURNOVER:

 

Weekly sales are currently in the region of £3,000-£3,500, however, historic trade did reach £6,000 per week and tremendous scope exists to increase trade further

 

 

 

STAFF:

 

Owner managed with 5 staff

 

 

 

SIZE:

 

Approximately 570 sq ft

 

 

 

LOCAL AUTHORITY:

 

Croydon

 

 

 

UTILITIES:

 

All main services are connected.

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

REFERENCE CHARGE:

 

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

 

 

 

HOLDING DEPOSIT:

 

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

 

 

 

FIXTURE & FITTINGS:

 

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

 

 

 

AGENT NOTE:

 

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

 

2. These details do not constitute any part of an offer or contract. 

 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

 

4. All rent prices, fees and charges are quoted exclusive of VAT

 

 

 

 

VIEWINGS:

 

Through London Properties by appointment only


 


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