Prime Kentish Town Restaurant

Key Features

• Prime High Street Location
• High Footfall 24/7
• Fully Fitted to a Good Standard
• Outside Terrace Seating
• Inside the L&T Act Lease
• Excellent Transport Links

Description

The premises are currently fitted out as Café/Restaurant over the ground floor and basement. There is seating for approx. 30 persons on the ground floor main dining area with a further 20 covers in a private area to the rear. There is also alfresco dining on the front outside terrace for approx. 12 covers. The fully fitted kitchen is situated to the rear of the premises, and there is a rear emergency exit/delivery access onto a service road.

Available area

The accommodation comprises the following areas:

Location

The property is located on Kentish Town Road in North West London, close to many independent and national operators, with heavy footfall day and night. Transport links are excellent with Kentish Town underground station being a short walk away.

Terms

An assignment of the existing lease expiring in December 2034, subject to 5 yearly rent reviews. The Lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act 1954.

Premium

On Application.

Rent

The passing rent is £51,000 per annum exclusive.

Planning/Licencing

The premises benefit from Class E planning use with a premises license allowing the sale of alcohol until midnight with standard restaurant conditions.

VAT

All prices quoted may be subject to VAT if applicable.

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.

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.