Prime Soho Bar/Restaurant

Key Features

• Prime Soho Location
• Heavy Footfall 24/7
• Excellent Transport Links
• Inside the Act Lease
• Excellent Recent Fitout

Description

The premises are currently fitted out to a high standard as a restaurant/bar/lounge entirely in the basement with a ground floor entrance, with an internal capacity of 95 persons. There is a fully fitted kitchen in situ with full extraction facilities and plenty of storage rooms and a small office.

Available area

The accommodation comprises the following areas:

Location

The property is located in the heart of Soho, close to many independent and national operators, with heavy footfall day and night. Transport links are excellent with the Elizabeth Line Dean Street entrance being a minute away, as well as Piccadilly Circus, and Leicester Square underground stations being within a short distance.

Tenure

An assignment of the existing lease that has approximately 18 years remaining, subject to 5 yearly rent reviews. The Lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act.

Rent

£75,000 per annum exclusive.

Premium

On Application.

VAT

May be applicable to the rent and the premium.

Licence/Planning

The premises benefit from E class planning use class, along with a premises licence which allows for sale of alcohol with table meals with the following days & hours. Monday to Thursday until 11.30pm and Friday & Saturday until Midnight.

Holding Deposit

A holding deposit will be required to secure the property and will grant a period of exclusivity which will be held in the CDG Leisure client account until completion.

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.