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- Station Road, Sidcup
Station Road, Sidcup Annual Rental Of £21,000.00
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- ESTABLISHED SUCCESSFUL RESTAURANT
- 55 PLUS COVERS
- FULLY AIR CONDITIONED
- IN THE HEART OF SIDCUP
- OPPOSITE BUSY TRAIN STATION
- CAR PARK
- REAR YARD & ANCILLARY
- WELL DECORATED THROUGHOUT
- FULLY STOCKED BAR
- SENSIBLE PREMIUM
Harpers & Co is a member of the Property Ombudsman TPO
NEW INSTRUCTION TO LET/LEASE TO ASSIGN £21,000 per annum (PREMIUM in the region of £40,000). Established Restaurant with 55 covers and fully stocked Bar (Mexican Tapas Theme) with air conditioning, rear yard and well sized commercial stocked kitchen.
Harpers & Co are delighted to offer this established restaurant to the market for sale as a going concern. Located on the busy and arterial Station road in Sidcup, this well located unit occupies a double frontage and enjoys excellent footfall and passing trade. The property is located on the ground floor and is largely open plan with a well appointed restaurant area with a separate lobby and bar.
To the rear of the unit are separate female and male WC's and a well appointed commercial grade kitchen with fridges, prep counters and a gas range etc. A list of fixtures available on request along with accounts etc.)
This unit lends itself well to a number of different styles of cuisine, especially Turkish open grill etc. Viewing are by appointment only through Award Winning Sole Agents Harpers and Co. Call Today 01322 524425.
Before the tenancy starts (payable to Harpers &Co
Holding Deposit: One (1) week's rent
Deposit: Five (5) weeks' rent
Holding Deposit Payment
It is a condition that once the holding deposit has been paid, it will be deducted from the first month’s rent upon the
moving in day. The move in date must be within 15 days of the holding deposit being paid, unless otherwise agreed.
The holding deposit is not refundable for the following reasons:
• If at any time you decide not to proceed with the application after the holding deposit has been paid.
• Failure to move in within 15 days of the date on this application, unless otherwise agreed.
• Provide us with false, misleading or incorrect information as part of your tenancy application.
• Unsatisfactory credit check(s) or reference(s).
• Failure of any of the checks which the Landlord is required to undertake under the Immigration Act 2014.
However, if the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will
be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit
will be credited to the first months’ rent due under that tenancy.
Where, for whatever reason, your holding deposit is neither refunded nor credited against any rental liability, you wil l be
provided with written reasons for your holding deposit not being repaid within 7 days.
During the tenancy (payable to the Agent)
Payment of £50 if you want to change the tenancy agreement (once landlord's permission has been obtained).
Payment of interest for the late payment of rent at a rate of 3% above the current Bank of England base rate.
Payment of the cost to replace loss of keys/security devices (unless proven that the replacement cost more)
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.
During the tenancy (payable to the provider) if permitted and applicable:
Utilities - gas, electricity, water
Communications - telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax
Tenant protection & Client Money Protection (CMP)
Redress Scheme& Tenant protection
Harpers & Co is a member of the Client Money Protection Scheme CMP (0059254)
LOCATION
Station Road is the principal and arterial road through Sidcup and is busy with very high levels of footfall and vehicular passing trade. the unit is also very well placed opposite the entrance to Sidcup mainline train station with fast trains to London Bridge and Charring Cross. For customers using this restaurant and the parade there is a large and public car park directly to the rear of this unit.
DESCRIPTION
This established restaurant which has been trading for nearly 20 years occupies a large and double unit of approximately 1650 sq ft. The unit comprises of an attractive and colourful shop front which provides access to a lobby and fully functioning bar area with some seating. The other half of the restaurant is the main and open plan restaurant providing additional covers making over 55 plus covers. More if necessary. The table and chairs and other fixtures and fittings are of good quality to this Mexican themed restaurant. The overall ambience is good, bright and pleasing on the eye. The unit is fully air conditioned with climate control and to the rear there are separate female and male wc's. The kitchen is also located to the rear and is fully equipped to service the cuisine on offer. To the rear and external of the kitchen is a rear garden and smoking area, additional exterior space and 2/3 parking spaces and storage shed. This is an excellent and well appointed unit.
TERMS
Assignment of existing lease inside the 1954 Landlords and Tenants act. at a rent of £21,000 per annum with three years to the next rent review. Trading accounts and books can be provided at a later date and under a non disclosure agreement. The tenant is seeking a super low and competitive premium £40,000.00 fir fixtures and fittings and good will.
RATES
Current rateable value £15,250.00. We urge applicants to make their own enquiries with regards to rates payable. Goto www.voa.gov.uk
LEGAL TERMS
Each party to pay their own legals in this transaction.
VAT
This property has been elected for VAT.
HARPERS AND CO SPECIALS REMARKS
This is an excellent and popular eaterie in an excellent location in the heart of Sidcup. We urge viewings through Harpers and Co with no direct approaches to be made to the vendor as the staff are unaware.
Sidcup DA15 7AA
