London Properties are pleased to offer to the market this well-established American burgers restaurant/takeaway over 20 years situated on the main high street

LOCATION:

The
property is located on the main high street within the affluent and leafy
suburb of Cheam and is within easy reach of surrounding towns and direct
trains into Central London in under 40mins

DESCRIPTION:

0’The restaurant consists of a large dining
area for 30 covers (plus), 2 outside front tables, 1 medium storeroom, a
good-sized utility area and large loft space, accessible by a drop-down
ladder. The main restaurant interior includes a large front of house counter
and fully equipped kitchen with a charcoal grill, gas and electric cooker, 2
fryers, 2 microwaves and refrigeration units. The storeroom and loft include
further refrigeration units. The ground floor accesses a rear end delivery
area with 2 parking spaces.

BUSINESS:

The
restaurant was founded over 20 years ago and has an established and loyal
large clientele of local residents, visitors and commuters.

USES:

Class
E & the old A3

PREMIUM:

£120,000
Guide price for the benefit of the lease, fixtures, fittings and goodwill

RENTAL:

£18,000
per annum

TERMS:

The
current renewable lease runs until 2030 providing long term security of
tenure

BUSINESS
RATES:

Nil

OPENING
HOURS:

7 days
a week 11:00 a.m till 10:30 p.m

TURNOVER:

Current
turnover in excess of £260,000 per annum

ACCOUNTS:

Available
on viewing

LOCAL
AUTHORITY:

Sutton

COVERS:

30
Covers

PARKING:

The
ground floor accesses a rear end delivery area with 2 parking spaces.

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

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