The ground floor restaurant/takeaway is currently assigning lease to the new tenants at £18,300 rent per annum. Gross internal area is approximately 1,240ft²/115m² comprising good glass frontage, reception desk, bar, dining area to front, full catering kitchen to rear, ladies and gents WCs. Rear access to yard. Seating for approximately 50 covers. Freehold price for the restaurant is £320,000.
At first floor level is a beautiful 2 bedroom apartment with potential balcony comprising 2 double bedrooms, 1 with ensuite WC, shower room, lounge and kitchen. Potential exists (subject to planning) to link the existing balcony at the rear of the property. The apartment is registered under separate Title Deed under a 125 year lease. No service charge. Ground rent is £300 per annum. Leasehold Sale Price: £380,000.
The property is located on the busy Garratt Lane, Earlsfield, near Duntshill Road and a short walk from Earlsfield rail station. Predominantly residential area but with the added benefit of being situated right in the heart of a variety of local businesses, eateries, public houses, health and beauty establishments etc.
125 years lease for the apartment. Restaurant holds the Freehold interest.
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