Richmond Restaurant Premises Lease Assignment

Key Features

• Space for Up to 80 Covers
• Outdoor Seating
• Bakery Area
• Short Walk From Richmond Park
• Excellent Transport Links
• Prominent Location

Description

The property is fully fitted and arranged over ground floor, basement and rear terrace. Ground floor seating is for 50 covers, together with a bakery area, and outside garden area to the rear of the premises for 30 covers. The basement has ample storage and staff toilets.

Available area

The accommodation comprises of the following

Location

The property is located on a good position on Upper Richmond Road West, offering a selection of well-established independent operators. Transport links are excellent and Richmond Park is a short walk away.

Tenure

An assignment of the existing lease from November 2017 for a term of 10 years, drawn inside the 1954 Landlord & Tenant Act.

Passing Rent

£35,000 per annum exclusive.

Premium

Offers in the region of £100,000.

VAT

All prices quoted may be subject to VAT if applicable.

Planning/ Licensing

We understand that the premises benefits from E Class planning use. The ground floor has a premises licence permitting the sale of alcohol until midnight everyday of the week except Sunday.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.