Prime Fully Fitted Restaurant on Greek Street Soho

Key Features

• Prime Location in Soho
• Valuable 12.30am Alcohol Licence
• Newly renewed Lease
• Heavy Footfall 24/7
• Fully Fitted Kitchen with Extraction
• Outside Seating

Description

Currently trading as a modern Restaurant with approximately 40 covers on the ground floor with a further 20 covers in the basemant which also houses the kitchen with full extraction, together with the toilets and store rooms. There is also outside seating.

Available area

The accommodation comprises the following areas:

Location

The restaurant is located on Greek Street in the heart of Soho and only a short distance away from Chinatown. There is very heavy footfall at all times and every day of the week, which makes this a very sought after location for all types of F&B operators. Transport links are excellent as Piccadilly Circus and Tottenham Court tube stations are both just a short walk away.

Tenure

An assignment of the existing lease which expires in december 2034, with the next rent review being in 2029. the lease is granted outside the L&T act 1954.

Current Rent

£125,000 per annum exclusive.

Premium

On Application.

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning/Licensing

The premises benefit from E Class planning use and a premises licence allowing the sale of alcohol with food with the following hours: Monday to Sunday: 12:00 to 15:00, Monday to Thursday: 17:00 to 00:00, Friday to Saturday: 17:00 to 00:30, Sunday 17:00 to 22:30.

Confidentiality

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.