Franklin Commercial
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Premises/Business Details
Rent £45,000 p.a. Town centre cafe in excellent position - premium required

Premium Guide £37,500 to inc' fixtures, fittings & equipment.   Franklin Commercial have Sole Selling/Letting Rights in respect of this property. Please respect Client confidentiality and direct any enquiries through ourselves. Kindly do not, under any circumstances, make a direct approach to the business, staff or owners. Thank you. 


Category Catering/Leisure/Hospitality
Status New on!
Site Reference 1726
Folio Reference Richmond cafe
Address Confidentially available - please click here to register so that we can provide further information to you.
Town Richmond Upon Thames
Area Surrey
Price/Premium £37,500.00
Tenure Leasehold
Rent £45,000 p.a.x.
Lease Details Approx' 8 years remaining from original 15 year F.R.I. lease with 5 yearly reviews.
Accommodation No
Years Established 20.
Location Excellent town centre position enjoying good footfall & close many multiples and offices.
Premises
The cafe is arranged over split level ground floor ( approx 725 sq ft ) with basement ( accessed via trap door & not inspected ). The internal width to the front is approx' 14'6" & there are kitchen and W.C. facilities to the rear. Covers for around 32 customers are presently provided & a concertina shop front has been installed. Our Client advises that the premises have a mixed A1/A3 use ( please rely on your own enquiries - consent not inspected ) but no alcohol license. We understand a rent deposit of up to 6 months may be required by the Landlord depending on covenant.
Rateable Value VOA website states £35,500 from 1/4/10, payable at the prevailing rate.
Legal Fees Both parties to be borne by the ingoing tenant/purchaser
 
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Important:
Information supplied by franklin commercial is intended as a general guide only & should always be verified by you prior to contract (we do not usually inspect leases/service charge accounts etc or test any amenities/services). We do not guarantee the accuracy of approximate measurements/areas quoted, plans or any other information (including references to use classes etc), which may have been supplied to us by Clients. Our descriptions do not form part of any contract and nothing is included unless it is in the solicitors contract for sale. All inspections/negotiations must be conducted through us & information should not be transmitted to 3rd parties. Under no circumstances may a direct approach to the business, vendor or lessee be made - staff are usually unaware of a proposed sale. Rents/Prices quoted are always exclusive of V.A.T. (if applicable).