Rebel Inn, 78A Streatham High Road, London, SW16 1BS
- SIZE AVAILABLE
3,073 sq ft
285 sq m
- SECTOR
Commercial property for sale
Key features
- Freehold public house investment
- Entire property let to Southwest Sixteen LLP
- Property arranged over one level: ground floor extending to 3,073 Sq ft (285 Sq M)
- Current rent of £50,882 per annum
- We are instructed to invite offers in excess of £775,000 (6.23% NIY)
- Site extending to 0.078 acres
- Lease expires July 2032
- The rent is subject to annual RPI increases with a cap of 4%
- Business unaffected by sale
Description
The property comprises the ground floor of a single storey mid-terrace building with painted elevations beneath a flat roof.
Location
Located in south west London within the London Borough of Lambeth, 2.1 miles (3.4 kilometres) south of Brixton and 5.9 miles (9.4 kilometres) south of central London.
The Rebel Inn is situated fronting Streatham High Road in a mixed residential and commercial area. Nearby occupiers include Nando's, KFC, The Rebel Inn and GDK alongside a number of independent retailers. Streatham Hill train station is 300m to the north.
Accommodation
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 55 customers. Ancillary areas include a trade kitchen, customer WC's, cellar and stores to the rear.
Externally: There is seating to the front elevation for 24 customers on benches which is held by way of a pavement licence.
Tenure
The property is held freehold (Title Number 152971).
Tenancy
The entire property is let to Southwest Sixteen LLP on a 30 year lease from 31 July2002 at a current rent of £50,882 per annum which is subject to annual RPI increases with a cap of 4%. A rent deposit of £11,875 is held by the landlord.
Planning
The property is not listed however it is situated within Streatham High Road &Streatham Hill Conservation Area.
VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.
EPC
C - 74
Terms
We are instructed to invite offers in excess of £775,000 (6.23% NIY) assuming the usual purchasers costs.
Fixtures & Fittings
The fixtures and fittings are currently owned by the occupational tenant.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.
For further information and all viewing requests please contact the sole selling agents Savills.
Energy Performance Certificates
EPCBrochures
Rebel Inn, 78A Streatham High Road, London, SW16 1BS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Streatham Hill Station0.2 miles
- Streatham Station0.7 miles
- Tulse Hill Station1.1 miles
Notes
Disclaimer - Property reference 287670-1. 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 Savills, Margaret Street - Licensed Leisure. 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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