Exceptional 3am Fulham Jazz Bar/Club with LOW RENT - Lease For Sale

Key Features

• Great Location
• Close to West Brompton Station
• 3am Weekend Licence with Alcohol/Live Music
• Excellent Stylish Fit Out
• Extra Space at VERY Low Rent for 3-5 years
• Rear Garden Area

Description

Fully fitted out as a bar/Jazz club over ground and basement with a bar on the ground floor and a cosy, atmospheric lounge in the basement. The layout accommodates approximately 100 covers on the ground floor and a further 70-100 in the basement and is ideal for private parties and events. A deal has been reached whereby the landlord will extend the kitchen and install a new full extract, as part of a proposed development of the upper parts. The next door unit (mainly used for storage) is held on a separate, short lease and includes access to the main trading space at basement level and via the rear garden.

Available area

The accommodation comprises the following areas:

Location

The premises occupy a prominent position at the junction of North End Road and Lillie Road in Fulham, benefiting from substantial evening footfall and close proximity to transport links and a broad mix of restaurant and bar operators.

Tenure

An assignment of the existing 15 year lease expiring in July 2036, subject to 5 yearly rent reviews. It is understood that the lease is granted outside the L&T Act 1954.

Passing Rent

£24,000 per annum exclusive. The July 2026 rent review is capped at £29,000 per annum exclusive. Rent on the unit next door is just £3,000 per annum exclusive.

Premium

Please enquire.

VAT

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

Planning/Licence

The premises benefit from Sui Generis planning use with a premises licence allowing the sale of alcohol until 23:00 Monday to Thursday, 02:30 (opening hours until 03:00) on Friday and Saturday, and 22:00 on Sunday, with bar use and conditions (vertical drinking, alcohol without food allowed).

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.