Prime Marylebone Cafe and Specialist Food & Wine Business

Key Features

• Company Share & Asset Sale
• Double Fronted Premises
• Cafe and Deli with Light Cooking Facilities
• 16 Al Fresco Covers
• Specialist Food & Wine Business

Description

The premises are well fitted as a Delicatessen and specialist Food and Wine merchants, arranged over ground floor and basement. There are approximately 20 covers on the ground floor with an additional 16 external covers to the front of the premises. Wines are displayed in the spacious basement.

Available area

The accommodation comprises the following areas:

Location

The premises are located in the heart of Marylebone, amidst luxury residential flats, high quality office space and high class hotels. The immediate area boasts a wide range of independent retailers, restaurants and coffee shops.

Company

Full details upon application.

Lease

The company holds an FRI lease granted in February 2022 for 10 years with a mutual break after 5 years. There is a rent review at the end of the fifth year.

Passing Rent

£57,000 per annum exclusive.

Sale Price

Offers invited in the region of £250,000 for 100% of the company shares and assets.

VAT

VAT may be applicable to the premium and rent.

Planning/Licence

E Class planning use with a premises license allowing the sale of alcohol until 23.00 Monday-Saturday and 22.30 on Sunday with standard conditions.

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.