Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 600 sq ft |
Rent | £27,500 per annum |
Premium | £80,000 |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
The premises are located in a very good position on Belgrave Gardens in the affluent area of St John’s Wood. Nearby operators include Pizza Express, Almas, The Clifton Public House, and Majestic Wines.
The accommodation comprises of the following
Name | Sq ft | Sq m |
Ground | 775 | 72 |
Total | 775 | 72 |
The premises are laid out entirely over the ground floor as a restaurant, accommodating approx. 35 covers. It has a fully fitted kitchen with extract facilities and ample storage space. There is also a small terrace at the front of the restaurant for alfresco dining.
An assignment of the existing 25 year lease from 2016 with 5 yearly rent reviews, granted inside the
security of tenure provisions of the Landlord & Tenant act 1954, Part 2 as amended.
£27,500 per annum exclusive.
Offers in the region of £80,000.
All prices quoted may be subject to VAT if applicable.
The premises benefit from Class E planning and a premises license in place permitting the sale of alcohol with the
following times:
Monday to Thursday: 12:00 to 23:00
Friday to Saturday: 10:00 to 23:30
Sunday: 10:00 to 22:30
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.
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.