Prime Fully Fitted Restaurant on Wardour Street, Soho.

Key Features

• Ground Floor Open Plan Kitchen
• Heavy Footfall Location
• Premises Licence In Place
• New Kitchen Extraction Fitted
• 120 Covers Capacity

Description

The premises are fully fitted to a high standard with a lovely open plan kitchen on the ground floor with ‘reco-air’ extraction with space for 70 covers. Downstairs in the basement there is seating for an additional 50 covers, and plenty ofstorage and WC facilities.

Available area

The accommodation comprises the following areas:

Location

The property is located on a very prime position on Wardour Street in the heart of Soho, close to many independent and national operators, with heavy footfall day and night. Transport links are excellent with Piccadilly Circus and Leicester Square underground stations being a short walk away.

Tenure

Assignment of the existing FRI lease for a term of 20 years from 5th November 2021 with 5 yearly rent reviews and is contracted outside the security provisions of the Landlord & Tenant Act 1954. There is a ‘tenant break clause’ on 29th October 2031.

Rent

£270,000 per annum exclusive.

Premium

On Application.

Vat

All prices quoted may be subject to VAT if applicable.

Licence/Planning

The premises benefit from E class planning use with a premises licence which allows for sale of alcohol with table meals with the following days & hours. Monday to Thursday: 10:00 to 23:30 - Friday to Saturday: 10:00 to 00:00 - Sunday: 12:00 to 22:30.

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 sale.

Holding deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.