Fully Fitted Mayfiar Restaurant - Lease For Sale - With Forecourt Seating for 18!

Key Features

• Low Passing Rent
• Alcohol License in Place
• Forecourt Seating For Al Fresco Dining
• Prime Mayfair Location
• Lots of Scope to Increase Turnover

Description

The premises are fully fit over ground floor and basement as a cafe style restaurant, The ground floor is laid out for 40 covers plus 18 outside on the forecourt. The lower ground houses kitchen, toilets and back of house.

The premises currently only trade Monday - Friday until 4pm. There is plenty of scope to provide a dinner menu and to open over the weekends, this increasing current turnover levels.

Available area

The accommodation comprises the following areas:

Location

The premises are located in the heart of Mayfair, in and amongst other restaurants. The area does see passing trade although the location does suit more destinational type operators.

Tenure

An assignment of the existing full repairing and insuring lease with a term remianing of approximately 9 years from an original 15 years. Next rent review in approximately 4 years.

Passing Rent

£70,000pax

Premises License

There is a premises license in place allowing the sale of alcohol until 11pm every day of the week.

VAT

All figures quoted may be subject to VAT

Premium

Upon Application

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.

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.