Prime Double Fronted Restaurant On Shaftesbury Avenue Available On A Lease Assignment

Key Features

• Double Frontage
• Prime Location
• 2648 Sq Ft On Ground & Basment
• Chinatown/Soho Location
• 90 covers
• High Footfall

Description

The restaurant benefits from double frontage with large glass windows and good visibility. The premises are fully fitted to a high standard and trading as a restaurant with approximately 90 covers on the ground floor and a private dining area in the basement. The kitchen and the toilets are also located in the basement.

Available area

The accommodation comprises the following areas:

Location

The premises are located in a prime position on Shaftesbury Avenue directly opposite Frith Street and the Curzon Cinema, close to many of London’s famous theatres. The area benefits from high footfall day and night and excellent transport links via Leicester Square, Tottenham Court Road and Piccadilly Circus stations, all close by. Nearby operators include Ronnie Scotts, Bella Italia, Preto and Balans, to name a few.

Tenure

We are offering an assignment of our client’s full repairing and insuring lease, expiring in December 2034, subject to 5 yearly rent reviews. It is understood that the lease is granted inside the security of tenure provisions of The Landlord and Tenant Act 1954.

Rent

£275,000 per annum exclusive.

Premium

On application.

VAT

All prices quoted may be subject to VAT if applicable.

Licence/Planning

E Class planning use with alcohol sales until 11.30 pm on Friday and Saturday and until 11 pm on Sunday to Thursday, with standard restaurant conditions.

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.

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.