Prime Covent Garden Restaurant with Outdoor Seating

Key Features

• Prime Covent Garden Location
• Moments from Underground Station
• Beautiful Fitout
• Rarely Available
• Suitable for a Variety of Uses

Description

The premises is currently fitted out as a modern Restaurant equipped with internal ‘reco-air’ extraction system. Currently laid out for 16 internal and 4 seats external covers.

Available area

The accommodation comprises the following areas:

Location

The property is located in the heart of Covent Garden, situated amongst a multitude of both local and national F&B and retail operators. and is a short walk away from Covent Garden tube station.

Tenure

A FRI lease which expires in September 2032 with 5 yearly rent reviews and is contracted outside the security provisions of the Landlord & Tenant Act 1954.

Current Rent

£75,000 per annum exclusive, with a turnover rent provision of 9%, whichever is the greater.

Premium

On Application.

VAT

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

Planning/Licence

The premises benefit from E Class use and a premises licence is in place with the standard restaurant hours and conditions.

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.