South Kensington Restaurant with Large Outside Terrace

Key Features

• Corner Position
• Affluent Area
• Large Outside Terrace for 36 Covers
• Fully Fitted Restuarant
• 150+ Covers
• Lease until 2037

Description

The premises are arranged over two floors that feature a high standard fitted restaurant to accommodate approx. 150 covers with a large bar area. Additionally, the terrace accommodates a further 36 covers. The ground floor is laid out with a fully fitted kitchen, bar and dining area. The basement houses a storage room, staff rooms and customer toilets.

Available area

The accommodation comprises the following areas:

Location

The premises are situated in a prime corner position in an affluent area of Kensington. Nearby places of interest, include the National History Museum, Royal Albert Hall and Imperial College and operators include Dishoom, Fait Mason and Honest Burger. Gloucester Road Station is a short walk away.

Tenure

The premises are available by way of an assignment of Full Repairing & Insuring expiring in November 2037, with a 5-year rent review. It is held Inside the security of the Landlord & Tenant Act 1954.

Rent

£180,000 per annum exclusive.

Premium

Upon Application.

Licence / Planning

The premises benefit from Class E planning and a premise licence, allowing the sale of alcohol with the provision of table meals, from Monday to Saturday 12:30am and until midnight on Sunday.

VAT

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

Confidentiality

This sale is highly confidential and under no circumstances should be a direct approach be made to staff as they are 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.