Fabulous Fully Fitted Restaurant in the Westgate Centre, Oxford

Key Features

• Situated in Oxford's Premier Shopping Centre
• Fully Fitted to a High Standard
• Busy Location
• Premises Licence in Place
• Large Outdoor Seating Area

Description

A beautiful fully fitted Restaurant unit laid out entirely on a huge 4,000 sq ft + floor area with seating for around 120 covers, and equipped with a fully fitted kitchen, private dining area and a cocktail bar. There is also a large outdoor seating area.

Available area

The accommodation comprises the following areas:

Location

Located in the Westgate Shopping Centre in the heart of the world-renowned and historic city of Oxford, with excellent transport links and parking facilities onsite.

Tenure

An assignment of the existing lease expiring in July 2033 subject to 5 yearly rent reviews. The Lease is drawn outside the security of tenure provisions of the Landlord and Tenant Act 1954.

Passing Rent

£160,000 per annum exclusive plus a turnover % provision.

Premium

On Application.

VAT

May be applicable to the premium and rent.

Planning/Licensing

Benefits from E Class planning use with a premises licence is in place permitting the sale of alcohol with the standard restaurant hours and conditions.

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 closure.

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.