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38 William IV Street, London, WC2N 4DD

  • Cafe (A1)
  • 848 sq ft
  • Lease Assignment
38 William IV Street, London, Cafe (A1) Lease Assignment - Screenshot 2026-08-18 194440.jpg
Property Type Cafe (A1)
Tenure Lease Assignment
Size 848 sq ft
Rent Rent on application
Energy Performance Rating Upon enquiry

Covent Garden Bubble Tea Shop Lease For Sale

Key Features

  • Prime Location
  • High Footfall
  • Fully Fitted Out

Description

The premises are currently fitted out as a bubble tea shop and laid out over ground floor and basement.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 548 50.91
Basement 300 27.87
Total 848 78.78

Location

Situated in prime Covent Garden, just moments away from Trafalgar Square and the Strand and close to Charing Cross Station. The area is very busy 7 days a week with high tourist, student and office footfall.

Tenure

An assignment of the existing lease granted in November 2022 for a term of 10 years subject to five yearly rent reviews. The lease is contracted outside the security provisions of the Landlord & Tenant Act 1954.

Passing Rent

The current passing rent is £65,000 per annum exclusive plus 10% of turnover whichever the higher.

Premium

Offers in the region of £40,000.

VAT

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

Planning

The premises benefit from E Class planning.

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.