Prime South Kensington Restaurant/Café

Key Features

• 60+ Covers
• Outside Seating
• Affluent Location
• Premise Licence in Place
• Stone's Throw Away from Gloucester Road Underground Station

Description

The premises contains a fully fitted kitchen with extraction, operating as an all-day brassiere. The unit is arranged across ground floor and basement to cater for 54 covers internally and 12 covers on the terrace. The ground floor has a kitchen with a dining area and the basement features toilets and a storage room.

Available area

The accommodation comprises the following areas:

Location

The premises are located in a prime position on Gloucester Road in the heart of South Kensington and benefits from a close proximity to Gloucester Road Underground Station. Nearby there are several restaurants and cafes such as Nando's, Steak and Company, Fait Maison, Gail's and Pret A Manager to name a few.

Tenure

An assignment of the existing lease for 15 years from 2019 until 2034 with every 5 yearly rent reviews. The lease is granted Inside the security of tenure provisions of the Landlord & Tenant Act 1954

Rent

£85,000 per annum exclusive.

Premises Licence

The premises benefit from E class planning use class, along with a premises licence which allows for the sale of alcohol with table meals until 11 pm, Monday to Sunday.

Premium

On Application.

VAT

All prices quoted may be subject to VAT if applicable.

Confidentiality

This sale is highly confidential and under no circumstances should be 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.