It is a lovely unit and it sits in one of the 2 best positions in Honor Oak Park - the shop on the opposite corner being the other - but it ain't no £35k per annum! The catchment is good and its improving but the landlord is being very bold in holding out for top, top dollar.

The most recent assessment of its worth, for Business Rating purposes done in 2010, came in at just over £18k, which should represent something like the annual rental value, so it is way out.

The landlord will probably want a deposit or a guarantor and to have the rent paid quarterly in advance (£7,125) and the council will want the business rates to be paid in monthly payments over 10 months (£800pm) but then there'd be the small matter of the tenant being responsible for keeping the inside and the outside of the building in substantial repair (how would you fancy paying out for any major repairs to that beautiful stonework?).

At least, if someone does go for it, we can be quite confident that they'll be a tenant of substance who will presumably have a proven track record of taking good money - hopefully from serving good food at decent prices - elsewhere.

Fingers crossed!