Paddington London

Key Features

• 180 Capacity Roof Terrace
• 100 Capacity Outdoor Seating on Ground Floor
• Private rooms
• Fully fitted to High Standard

Description

The premises is fully fitted to a high standard restaurant and bar on the ground floor that can accommodate 380 people. Under the existing lease there is an open-air roof terrace that can be run from April-October. The rooftop is licenced to sell alcohol until 11pm.

Available area

The accommodation comprises the following areas:

Location

The premises is located in Paddington, Central West London, this restaurant and bar is in a bustling hub for professionals and travellers alike. Situated in close proximity to Paddington Train Station and the Elizabeth Tube Line is 3 minutes’ walk. The West End is 5 mins on the Elizabeth Line.

Tenure

A company sale or assignment of our client's fully repairing and insuring Lease for a term of 15 years expiring in October 2032, subject to 5 yearly rent reviews.

Rent

£166,000 per annum exclusive.

Premium

Upon Application.

VAT

All prices quoted may be subject to VAT if applicable.

Licence/Planning

E Class with the sale of alcohol until 11pm every day of the week.

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.

Confidentiality

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