CONFIDENTIAL – STAFF UNAWARE
LOCATION The restaurant is located in Barnes, an affluent suburb of south west London, within the London Borough of Richmond upon Thames and is located approximately 6 miles South West of Central London. It is situated towards the top end of White Hart Lane at it’s junction with Limes Field Road and is approximately 0.3 of a mile away from Barnes Bridge main line station which has a fastest journey time of 25 minutes to London Waterloo. The locale is a mix of both boutique and corporate operators including Côte Brasserie, Olympic Studios (boutique cinema & dining), Pizza Express, Rick Stein Barnes & Sonny’s Kitchen.
DESCRIPTION This return frontage restaurant is superbly fitted with a bar upon entrance to the venue and a dining area housing around 60 spacious covers. To the rear there is a covered secret garden area seating approximately 14 covers and to the front, an external terrace seating approximately 14 covers. The ground floor also houses the fully fitted commercial kitchen with walk in cooler whilst there are 2 basement areas for stores, staff changing and an office. The approximate GIAs are:
|Ground Floor||1,308 ft²||121.50 m²|
|Ground Floor Secret Garden||303 ft²||28.19 m²|
|Basement||256 ft²||23.81 m²|
|Total||1,867 ft²||173.50 m²|
|Front Terrace||201 ft²||18.71 m²|
BUSINESS RATES The current rateable Value is £21,750 which at 49.1 p in the £ (the small business multiplier) gives rise to rates payable of £10,679.25 for 2019 / 2020, excluding supplements or any relief.
TENURE The property is held on a protected effective fully repairing and insuring leases for a term of 25 years from 25th March 1999 expiring 24th March 2025. The current rent passing is £60,000 per annum exclusive and our clients are seeking offers of £75,000, subject to contract for their leasehold interest.
HOLDING DEPOSIT A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the Selsian client account. Further details upon application.
PLEASE NOTE All figures quoted are exclusive of VAT which could be chargeable on the rent and, rent deposit and premium / price, no services or equipment have been tested, no trade is sold or warranted, the trading name is specifically excluded from the sale, an EPC is available upon request, possession will be granted only upon completion of the legal formalities and each party is to bear their own legal costs.