High Street, Croydon, London, CR0
£16.96 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,423 sq ft
411 sq m
- SECTOR
Restaurant to lease
- USE CLASSUse class orders: A3 Restaurants and Cafes, B1 Business and Class E
A3, B1, E
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
- Furnish type:
- Furnished
Key features
- Fully Fitted Restaurant & Kitchen
- Circa 4,423 sq. ft (Ground Floor & Basement)
- Outdoor Seating available
- Premises Licence in Place
- Three Phase Electricity
- Sale of Ltd Company or Option of New Lease
- Previous Occupiers include La Tasca & Preto Brazilian Steakhouse
- High Street Location
Description
Fully Fitted Restaurant & Kitchen
Previous Occupiers include La Tasca & Preto Brazilian Steakhouse
High Street Location
Nearby occupiers include Nando's & Turtle Bay
Circa 4,423 sq. ft (Ground Floor & Basement)
Outdoor Seating available
Premises Licence in Place
Three Phase Electricity
Sale of Ltd Company or Option of New Lease
LEASE DETAILS
Existing Lease can be assigned or a New Lease can be granted
Existing under Ltd Company & Ending March 2043
Outside the Landlord & Tenant Act of 1954
Stepped Rent: From Jan 2024: £75,000, Jan 2025: £80,000 & Jan 2027: £85,000 + VAT
Next Rent Review: Jan 2028
Rent Review: Every 5 years
Rent Deposit (Subject to References)
Premium: £25,000 (For Fixtures & Fittings)
THE PREMISES
Ground Floor: Circa 3,146 Sq. Ft (Fully Fitted Restaurant & Kitchen)
Basement: Circa 1,277 Sq. Ft (Cold Room, WC, Office & Storage)
Alcohol Licence in Place
Three Phase Electricity in Place
Rateable Value: 62,000
Payable Business Rates: £7,936 (Retail Relief for year 2024/25)
EPC Rating: B
THE LOCATION
38-40 High St, Croydon CR0 1YB
Passing trade throughout the day
Immediate units occupied by several national and independent retailers
Will benefit from £5.25 billion Croydon Town Centre Regeneration programme
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client and must have proof of funds to meet the premium and landlord's requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Energy Performance Certificates
EPC 1High Street, Croydon, London, CR0
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- George Street Tram Stop0.1 miles
- Church Street Tram Stop0.2 miles
- Wellesley Road Tram Stop0.3 miles
About Restaurant Property Sellers, Ealing
Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QE
We specialise in selling freehold hospitality properties and leasehold businesses ranging from an independent cafe to hotels. Whether you are a commercial landlord thinking of leasing or selling your freehold commercial property or a food business owner looking to sell your business, we can help.
Our team has a combined experience of over 15 years in the hospitality sector along with data driven Digital Marketing industry, which allows us to reach the right buyers as well as commercial
Notes
Disclaimer - Property reference CROYDON_RESTAURANT1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Restaurant Property Sellers, Ealing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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