LONDON BOROUGH OF WANDSWORTH 5 LACY ROAD, SW15
A3 RESTAURANT LEASE FOR SALE IN PUTNEY STRICTLY CONFIDENTIAL – STAFF UNAWARE
SUBJECT TO CONTRACT April 2017
LOCATION
RENT
5 Lacy Road is located in the heart of Putney, an affluent residential area, approximately 50 yards from its junction with Putney High Street. The unit lies adjacent to the northern entrance of the Putney Exchange shopping centre, a prime retail pitch anchored by H&M, Waitrose, GAP and River Island. The premises is a 5 minute walk from Putney Overground Station, a 9 minute walk from Putney Bridge Underground Station (District Line) and a 10 minute walk from East Putney Tube Station (District Line).
£55,000 pax.
Occupiers in close proximity include: Wagamama, Franca Manca, Five Guys, Gourmet Burger Kitchen, Caffe Nero, Costa, Preto and Byron.
PREMIUM Premium offers are invited for the benefit of the lease, license and fixtures and fittings. PLANNING The property benefits from A3 use. LICENSING
ACCOMMODATION The restaurant is fitted out to a high specification and is arranged over ground floor, lower ground and first floors, providing the following approximate net internal floor areas:
Alcohol Sales: Late Night Refreshment: Opening Hours: Regulated Entertainment:
10:00 – 23:00 23:00 – 23:30 10:00 – 23:30 10:00 – 23:00
(Sunday 12:00 – 22:30) (Monday – Saturday only) (Sunday 12:00 – 22:30) (Sunday 12:00 – 23:00)
Ground Floor:
900 sq ft
(83.6 sq m)
Lower Ground Floor:
500 sq ft
(46.5 sq m)
BUSINESS RATES
First Floor:
700 sq ft
(65.0 sq m)
Total Area:
2,100 sq ft
(195.1 sq m)
We have been informed that the Rateable Value from 1st April 2017 is £31,750 and the rates payable are £14,795.50. Interested parties are advised to make their own enquiries with the local authority or by contacting the VOA.
Approximately 20 covers of additional outside seating can be provided to the front of the premises. Interested parties should verify the accuracy of the above floor areas for themselves. TERMS The premises are available by way of an assignment of an effective Full Repairing and Insuring lease expiring in 2030, with 5 yearly rent reviews. The lease is held inside the security of tenure and compensation provisions of the Landlord and Tenant Act 1954 Part II.
LEGAL COSTS Each party is to be responsible for their own legal costs incurred in the transactions. VAT VAT may be chargeable on the terms. EPC An EPC is available upon request. FURTHER INFORMATION Please contact sole agent Strutt & Parker: Will Strang: 020 7318 4692 / 07585 120 541 Email:
[email protected] Freddie Strutt: 020 7318 4789 / 07471 227 334 Email:
[email protected] William Hudson: 020 7318 5167 / 07458 126 714 Email:
[email protected] Subject to Contract September 2017
PUT
NEY
HIGH
ST
Putney
Copyright and confidentiality Experian, 2015. © Crown copyright and database rights 2015. Ordnance Survey 100017316 25 metres
PoweredbyTCPDF(wwwct.pdo .frg)