Retail premises for sale

Situation: Located in one of the best trading parts of the Wandsworth Bridge Road on the West side of the road at the junction with Clancarty Road. The unit is well placed for serving the Peterborough Estate and within reasonable reach of good transport facilities in Fulham Broadway. Nearby occupiers include Brinkleys Wine Bar, Sainsburys, The Bridge Bakery, Neptune Kitchens & Cafe Nero and various local restaurants and interiors shops.

Description: The property comprises a fully fitted lock up corner restaurant vacant with two floors above currently let to a dentist.

Restaurant:
Ground Floor 423 sq ft
Kitchen 258 sq ft
Basement Bar 415 sq ft
Total 1096 sq ft
Front Patio Seating area 250 sq ft

upper parts: First Floor Rear 178 sq ft
First Floor Front 384 sq ft
Second Floor 371 sq ft
Total 933 sq ft

leases:
The restaurant is let to Sushi Circle Ltd on a 15 year Fri lease from May 2024 at a
rising rent of £36,000 pa in Year 1 £37,000 pa in Year 2 £38,000 pa in Year 3
£40,000 pa in Year 4 and £42,000 pa in Year 5. A 6 month deposit is held. Sushi
Circle Ltd had a T/O of £2.1m ye 31 12 2022 with a pre tax profit of £68k

The upper parts are let to a dentist surgery who have just renewed their lease for a term of 5 years on Full Repairing and Insuring lease terms from October 2022 at a current passing rent of £35,000 pa

price: Offers in excess of £1,100,000 are invited.