Kensington Restaurant

Key Features

• Fully Fitted Kitchen with Extraction
• 10 Min Walk from Kensington High Street Tube Station
• Alcohol Licence
• Ground Floor and Basement
• Fully Air Conditioned

Description

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.

Available area

The accommodation comprises the following areas:

Location

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.

Tenure

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.

Passing Rent

£57,250 per annum exclusive.

Premium

Offers in the region of £125,000.

VAT

All prices are quoted may be subject to VAT if applicable.

Planning/ Licence

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.

Confidentiallity

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.

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.