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Restaurant/cafe for sale

£135,000 (£88.35/sq. ft)

Epsom Square, Epsom SM1

Restaurant/cafe for sale 1,528 sq. ft*
Interested in this property? Call +44 20 8033 3603 * or Request Details

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

Property features

  • Located in Epsom Square
  • Circa 1,528 sq. Ft
  • Circa 70 Covers Restaurant
  • Class E Use (Restaurant/Cafe)
  • Fully Fitted & Benefits from Premises Licence

Property description

Restaurant for Sale in Epsom, Surrey. Epsom Square

Property id: Rps-20023

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.


Main features


Located in Epsom Square
Circa 1,528 sq. Ft
Circa 70 Covers Restaurant
Class E Use (Restaurant/Cafe)
Fully Fitted & Benefits from Premises Licence

landlord’s requirement

Six (06) Rent Deposit Required (subject to references)
Personal Guarantor required
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility


Lease details


Lease Ending April 2029 (Inside the Act)
Passing Rent: £44,000 plus VAT
Service Charge: £6,000 plus VAT per annum
Rent Review: Every 5 years
Next Rent Review: Was due in April 2024.
Premium: £135,000 (Business, Lease and ff&E)


Premises


EPC Rating: B
Area: Total Circa 1,528 sq. Ft
Covers: Circa 70
Benefits from Extraction & Premises Licence
Permitted Hours: 11am till 12am (Food: Until 12:30 am)
Rateable Value: 29,750 (Payable Rates: £17,4517)
*Qualifies for 75% rate relief this year (Payable: £3,711/year)


The location


Epsom Square, KT19
High Footfall throughout the day
Immediate units occupied by retailers like Be At One, Esquires Coffee


Trading


Weekly Turnover: Circa £9,000 to £10,000 per week (As per the seller)


Reason for sale


Other business & commitments


Viewings & confidentiality


All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


Disclaimer


The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

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

Arrange Viewing

For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)

Contact Restaurant Property Sellers about this property

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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 Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers 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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