Blandford Street, London, Marylebone, W1U 7HX

  • Bar
  • 750 sq ft
  • Lease Assignment
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Property Type Bar
Tenure Lease Assignment
Size 750 sq ft
Rent £40,000 per annum
Premium £100,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Fully Fitted Basement Bar Marylebone

Key Features

  • Fully Fitted Bar
  • Sui Generis Planning
  • Prominent Location
  • Nearby a Range of Operators
  • High Standard Fit Out
  • Midnight Licence

Description

The premises are a speak-easy style basement bar located on Blandford street. It is laid out across one floor only it is fitted to an excellent standard with a bar and intimate archway seating.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Basement 750 69.68
Total 750 69.68

Location

The bar is located in a prime location on the corner of Blandford Street. The bar is accessed via a stair case leading down from the street. Nearby occupiers include Chiltern Firehouse, Flower House pub, How Matcha and Clarette.

Tenure

An assignment of the existing lease with three years unexpired, drawn inside the 1954 L&T Act.

Passing Rent

£40,000 per annum exclusive.

Premium

Offers in the region of £100,000.

Planning/Licence

We understand the property has Sui Generis planning. The property benefits from a licence to serve alcohol until 23:30 on weeknights and midnight on weekends.

VAT

All prices quoted may be subject to VAT if applicable.

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.