Beautiful 130 Cover Restaurant in St James

Key Features

• Exclusive Location
• Excellent Fit Out to a High Standard
• Large Kitchen
• 3 Private Dining Rooms
• Lease Held Inside the Act

Description

The restaurant is arranged over ground floor and basement and are beautifully fitted out to a very high standard. There are approximately 25 covers on the ground floor as well as the restaurant reception and a drinks bar. The basement is arranged to accommodate a further 90 covers in the main dining space, 3 private dining rooms, large commercial, customer toilets, storage and staff areas.

Available area

The accommodation comprises the following areas:

Location

The premises are prominently located close to Jermyn Street, in the heart of Piccadilly/St James, in Central London. The premises are close to some of London’s most exclusive retail destinations, world renowned hotels and restaurants such as The Ritz, Chutney Mary, Wiltons and The Wolsey to name a few.

Tenure

The premises are held by way of an FRI lease expiring in May 2035, with 5 yearly rent reviews, the next review being in May 2025.

Passing Rent

£375,000 per annum exclusive, with the next review in May 2025.

Premium

Upon application.

VAT

VAT may be applicable to the rent, premium and other outgoings.

Planning/Licence

The premises benefit from A3 planning use class, along with a premises licence which allows for sale of alcohol until 1.30am every day of the week, with standard restaurant conditions.

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.