Beautiful Corner Cafe/Restaurant in Kentish Town

Key Features

• Prominent Corner Position
• Excellent Fit Out Throughout
• Renewable Lease
• Low Rent
• 85 Covers
• Full Kitchen Extraction in Situ

Description

The premises are well fitted out as a modern Cafe and Restaurant, laid out over 2 floors. The ground floor is laid out to accommodate approx. 45 covers and there are a further 40 covers in the basement, together with toilets and ample storage space. There is full kitchen extraction in place for the ingoing operator to utilise if necessary.

Available area

The accommodation comprises the following areas:

Location

The premises are prominently located on the corner of Kentish Town Road and Patshull Road. Nearby operators include Nando's, Gail's and a host of high quality independent restaurants and cafe's.

Tenure

An assignment of the existing FRI lease, expiring in November 2040. The lease is understood to be held inside the security of tenure provisions of the Landlord and Tenant Act.

Passing Rent

£50,000 per annum exclusive.

Premium

Upon application.

VAT

VAT may be applicable to the rent, premium and other outgoings.

Planning/Licence

The premises benefit from a Class E planning use and a premises licence allowing the sale of alcohol until 22:30 every day of the week.

Confidentiality

This sale is highly confidential and under no circumstances should 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.