London Victoria Properties are delighted to offer on the market this beautiful Italian restaurant situated right in the heart of Tooting Broadway. Gross Internal area approx. 1130 sq ft. Seats approximately 55 covers at ground floor with additional cover space at basement level and outside seating to front. Well established trade, excellent footfall. Refurbished to a high standard. Business Rates are £9,000 per annum, new businesses may be able to apply for discount called Transitional Relief. Rent is £38,000 per annum. Weekly takings are in the region of £7,000-£8,000 but tremendous scope to increase trade further with both restaurant covers and takeaways.
Leasehold Guide Price: £160,000 plus Stock at Valuation.
Right in the heart of Tooting in high footfall area. Excellent opportunity.
Leasehold Term: Leasehold Assignment.
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