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Restaurant/cafe for sale

£880,000 (£483.78/sq. ft)

High Street, Sutton SM1

Restaurant/cafe for sale 1,819 sq. ft*
Interested in this property? Call +44 1582 936564 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Dual Frontage
  • High street

Property description

We are happy to bring to market this fantastic opportunity to purchase a long lease on a commercial unit in the heart of Sutton, London. The unit is on the ground floor of a three-story brick building, with frontage on the High Street and Greenford Rd. The unit is currently let to T Bello Group t/a Taco Bell on an Fri lease until 2043. The agreed rent is £76,240 p.a. With 5 yearly rpi (1% - 3%) rent reviews.

Key Features:
• Tenure; Long lease
• Premises totals 169 sqm / 1,819 sqf
• Current rental income of £76,240 p.a.
• Price: £880,000
• Vat is not applicable to this property.

Location:
Sutton is a commuter town situated 10 miles southwest of Central London. The property is situated on the high street at the junction with Greenford Rd. St Nicholls shopping centre is 100 metres away and a bit further down the road from Times Square Shopping centre.

Occupiers close by include Asda, Primark, kfc and other local and national retailers, and eateries.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Vanderwald, E5 on +44 1582 936564 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vanderwald, and do not constitute property particulars. Please contact Vanderwald for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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