Property Type | |
Tenure | Lease Assignment |
Size | 950 sq ft |
Premium | £60,000 |
Energy Performance Rating | Upon enquiry |
The premises are arranged over ground floor and basement, fitted out as a neighbourhood restaurant. There are approximately 36 covers on the ground floor as well as a private dining room for 10 covers and a bar area. The basement houses the kitchen with full extract in situ, customer toilets and storage.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 450 | 41.81 |
Basement | 500 | 46.45 |
Total | 950 | 88.26 |
The premises are prominently located in the charming and affluent neighbourhood of Belsize Park. The area boasts an abundance of high quality independent operators such as Retsina, Tetto’s and Roni’s Bakery to name a few. Belsize Park and Finchley Road tube stations are just a few minutes’ walk away with access to the Northern, Jubilee and Metropolitan Line.
An assignment of the existing FRI lease, granted for a term of 20 years since October 2020. The lease is understood to be drawn inside the security of tenure provisions of the Landlord and Tenant Act.
£40,000 per annum exclusive subject to 5 yearly rent reviews.
Offers in the region of £60,000.
VAT may be applicable to the rent, premium and other outgoings.
The premises benefit from a Class E planning use, along with a premises licence which allows for sale of alcohol until midnight every day of the week except Sunday (23:30), with standard restaurant conditions
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.
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.