Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 1,600 sq ft |
Premium | £125,000 |
Energy Performance Rating | This property has been graded as E |
The premises are fully fitted as a high-class style restaurant with a reception area to the front and a holding bar area to accommodate 55 covers with a further 16 covers downstairs in a private area. The front of the premises holds a small seating area for alfresco dining. The large fully fitted and well-maintained kitchen is located in the basement, which also holds a ladies' and gents' toilets.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 800 | 74.32 |
Basement | 800 | 74.32 |
Total | 1,600 | 148.64 |
The premises are located on a highly affluent and exclusive area of Kensington High Street, close to Earl's Court end of the street. Local occupiers include a wide range of small independent restaurants and retailers and also benefitting from surrounded highly affluent residential accommodation.
An assignment of the existing lease for a period of 15 years from 2020 expiring 3 July 2035. The Lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act 1954.
£57,250 per annum exclusive.
Offers in the region of £125,000.
All prices are quoted may be subject to VAT if applicable.
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 Sunday from 10.00am to 23.30pm.
This sale is highly confidential and under no circumstances should be a direct approach be made to staff as they 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.