Vause Cribb Chartered Surveyors

Restaurant & Dental Investment For Sale Wandsworth Bridge Road Fulham £1.1m

For Sale £ 1,100,000

Address: 144 Wandsworth Bridge Road, Fulham, SW6 2UH

Size: 2,029 sq ft

Available: Now

Use Class: A3


Located in one of the best trading parts of the Wandsworth Bridge Road on the West side of the road at the junction with Clancarty Road. The unit is well placed for serving the Peterborough Estate and within reasonable reach of good transport facilities in Fulham Broadway. Nearby occupiers include Joes Brasserie, Sainsburys, Starbucks , Cafe Nero and various local restaurants and interiors shops


DESCRIPTION: The property comprises a fully fitted lock up corner restaurant with two floors above currently let to a dentist. RESTAURANT: Frontage 14’6” Depth 25’3” Ground Floor 423 sq ft Kitchen 258 sq ft Basement Bar 415 sq ft Total 1096 sq ft Front Patio Seating area 250 sq ft UPPER PARTS: First Floor Rear 178 sq ft First Floor Front 384 sq ft Second Floor 371 sq ft Total 933 sq ft LEASES: The restaurant is let on a new lease at £37500 pa for 12 years from December 2018 with 4 yearly reviews to the higher of open market or RPI. The dentist surgery is let on a 20 year Full Repairing and Insuring lease dated 25th June 2003 at a current passing rent of £25,000 pa rising to £27,000 in October 2020 and £29,000 pa from October 2021 . The lease expires 1st October 2022. Total Income £62500 pa rising to £64500 pa in Oct 2020 and £66,500 pa in Oct 2021. PRICE: Offers in excess of £1,100,000 are invited.