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64 Westow Hill restaurant for sale 64 Westow Hl
1,500 SF of Assignment Available in London SE19 1RX
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,500 SF | Aug 2028 | $21.79 /SF/YR $1.82 /SF/MO $32,692 /YR $2,724 /MO | Fully Repairing & Insuring |
Ground
STAFF UNAWARE AND NOT TO BE APPROACHED UNDER ANY CIRCUMSTANCES RENT: 26,000 pax LEASE: Assignment of the existing 15 year renewable lease expiring in 2028 SIZE: Circa 750 sq ft ground floor and 750 sq ft in the basement LICENSE: License allowing the sale of alcohol On & Off the premises from 10am to 2300 Friday & Saturday and from 12 noon to 2230 on Sundays. RATES: Rates payable of circa £10,229 excluding any rates relief FIXTURES & FITTTINGS: Fully refurbished in the past 6 months at a cost of circa £100,000 (excluding the premium paid) to include a new kitchen extract hood & motor, completely rewired electrics and general fit out. PREMIUM: Offers in excess of £55,000 NOTES: No gas but my client does have landlords consent for this and a quote DEPOSIT: 3 months together with PG. This will likely need to replaced subject to covenant strength.
- Use Class: A3
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Secure Storage
- Prominent frontage
- Fully refurbished
- Rewired throughout the building
- The heart of crystal palace
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 64 WESTOW HL , LONDON, LND SE19 1RX
| Total Space Available | 1,500 SF | Gross Leasable Area | 1,500 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,500 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
Fully fitted restaurant for sale in the heart of Crystal Palace. Fully refurbished only 12 months ago at a cost of circa £100,000 (excluding the premium paid to secure the site) to include a new kitchen extract hood & motor, completely rewired electrics and general fit out. Staff unaware and not to be approached / called under any circumstances Premium reduced down from £65,000 to £45,000 for a quick sale Available due to the tenant relocation abroad.
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64 Westow Hill restaurant for sale | 64 Westow Hl
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