No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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London Properties are pleased to offer to the mar
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£120,000
Added > 14 days

Retail property (high street) for sale

Cheam, SM3
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Retail property (high street)
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • Uses Class E & the old A3
  • Rental £18,000 per annum
  • The current renewable lease runs until 2030 providing long term security of tenure
  • Opening Hours 7 days a week 11:00 a.m till 10:30 p.m
  • Covers 30
  • The ground floor accesses a rear end delivery area with 2 parking spaces
  • Fridge Freezer
  • Microwave
  • Full Double Glazing

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



Features
  • Oven/Hob
  • Gas Central Heating
  • Combi Boiler


Property additional info

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

Places of interest

    We have been established since 1999 and are now heading for our 18th year in business. In this time we have grown to be a major player in the property market in the local area. We have a wide range of properties on offer, with prices varying from £80,000 to over £1,000,000. With a highly motivated team, we can offer you great service and excellent support in all areas of buying, selling, renting or letting properties. If you are interested in any of our properties or would like any further information, please contact our friendly and helpful team.

    See more properties like this:

    *DISCLAIMER

    Property reference Amerciam_Cream_Broadway. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by London Properties - Wealdstone.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.