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Prime Retail Unit For Sale, 41 Englands Lane, London, NW3 4YD

  • Cafe (A1)
  • 1,438 sq ft
  • Lease Assignment
Prime Retail Unit For Sale, 41 Englands Lane, London, Cafe (A1) Lease Assignment - libbys 2.jpg
Property Type Cafe (A1)
Tenure Lease Assignment
Size 1,438 sq ft
Rent £50,000 per annum
Premium £35,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Belsize Park Cafe Unit For Sale

Key Features

  • Affluent Location
  • Outside Seating
  • Good Frontage
  • Sought after Neighbourhood Location

Description

The premises are fully fitted with a great frontage and are decorated to a high standard. On the ground floor there is a serving display fridge and to the rear of the premises there is seating. The basement consists of storage. There is no extraction in place to allow for a full on restaurant menu.

Available area

The accommodation comprises of the following

Name sq ft sq m
Ground 675 62.71
Basement 763 70.89
Total 1,438 133.60

Location

The premises is located on a high street thoroughfare in Belsize Park, with great footfall throughout the day and night with an abundance of restaurants and bars serving in the immediate vicinity. Some nearby operators include The Chez Nous, The Washington & Starbucks Coffee to name a few. The nearest station is Belsize Park Underground (Northern Line) which is an 8 minute walk away

Tenure

An assignment of the existing lease that was granted for a term of 10 years from December 2018, subject to 5 yearly rent reviews. The Lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act.

Passing Rent

£50,000 per annum Exclusive

VAT

All prices quoted may be subject to VAT if applicable.

Premium

Offers in excess of £35,000

Planning

The premises benefit from E class planning use, with a licence to sell alcohol with the following opening hours: Monday– Sunday 10:00am – midnight

Confidentiality

This letting 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.