The Monarchy Bar, 40-42 Chalk Farm Road, London, NW1 8BG

  • Bar
  • 4,987 sq ft
  • Lease Assignment
The Monarchy Bar, 40-42 Chalk Farm Road, London, Bar Lease Assignment - image.jpg
The Monarchy Bar, 40-42 Chalk Farm Road, London, Bar Lease Assignment - Inside 1.jpg
The Monarchy Bar, 40-42 Chalk Farm Road, London, Bar Lease Assignment - Inside 2.jpg
Under Offer
Property Type Bar
Tenure Lease Assignment
Size 4,987 sq ft
Rent £162,500.00 per annum
Premium £50,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Prime Chalk Farm Bar

Key Features

  • Prime Chalk Farm Location
  • 1am Premises Licence in Place
  • Free of all Brewery Ties
  • Whole Building
  • Opposite Camden Stables Market

Description

The premises are fully fitted as a bar with four trading areas. The front room has a centrally located bar servery with seating for 50 covers. The middle bar "Vault" area is lounge space with hanging screens and space for 20 covers. The rear trading space allows 25 covers with glazed atrium style roof and entrance to the rear trade patio. Ladies and gents toilets are located on 2nd floor where there is a Mezzanine. The fully fitted trade kitchen is located on the second and third floors with full extraction and dumb waiter to ground floor. There is a two bedroom managers flat and private roof terrace.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 2,849 264.68
1st 927 86.12
2nd 927 86.12
3rd 284 26.38
Total 4,987 463.30

Location

Located in the ever popular area of Chalk Farm Road and close to a whole host of independent retailers, restaurants as well as Camden Market. The premises is a short walk from both Chalk Farm Road and Camden underground stations.

Tenure

An assignment of the existing lease for a period of 35 years from 1999 expiring 28th March 2034. The Lease is drawn outside of the Landlord and Tenant Act.

Rent

£162,500 per annum exclusive.

Premium

Nominal premium offers invited.

VAT

All prices quoted may be subject to VAT if applicable.

Licence/Planning

The premises benefit from E class planning use class along with a premises licence which allows the sale of alcohol with table meals during the following hours :- Monday to Thursday 10.00 to 12.30am Friday to Saturday 10:00am to 01.00am. Sunday 12 noon to 12.30am.

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.