My Website

Sapores Restaurant & Lounge, 51 Camden High Street, London, NW1 7JH

  • Restaurant
  • 1,800 sq ft
  • Lease Assignment / For Sale
Sapores Restaurant & Lounge, 51 Camden High Street, London, Restaurant Lease Assignment / For Sale - Frontage.jpg
Sapores Restaurant & Lounge, 51 Camden High Street, London, Restaurant Lease Assignment / For Sale - 2.jpg
Sapores Restaurant & Lounge, 51 Camden High Street, London, Restaurant Lease Assignment / For Sale - 1.jpg
Profitable Ongoing Business Sale
Property Type Restaurant
Tenure Lease Assignment / For Sale
Size 1,800 sq ft
Energy Performance Rating Upon enquiry

Immaculate Restaurant and Shisha Lounge in Camden

Key Features

  • Prime Location in Camden
  • Fully Fitted to an Exceptional Standard
  • Profitable Business Sale
  • Low Rent
  • Good Transport Links

Description

The premises are fully fitted to a very high standard as a Restaurant & Shisha Lounge. The ground floor is laid out to accommodate 24 covers to the front section and a further 55 covers in the rear section of the premises. The basement has a kitchen area, toilets, storage and seating for a further 30 covers.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 1,300 120.77
Basement 500 46.45
Total 1,800 167.22

Location

Located on Camden High Street in a high footfall location close to operators such as Koko Nightclub, Simmons Bar, Jin Li, KFC, and Be At One, to name a few. Also, transport links are excellent with Mornington Crecent underground station on the Northern Line, being a mere 3 minute walk away.

Tenure

An assignment of the FRI lease which expires in approximately 14 years, subject to 5 yearly rent reviews which are capped at a 2% rise every year. It is understood that the lease is granted inside the Landlord and Tenant act 1954, part 2 as amended.

Current rent

£42,000 per annum exclusive.

Premium

Upon Application

VAT

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

Planning/Licence

The premises benefit from E Class use and a premises licence with the provision to sell alcohol with meals has been applied for with late night terminal hours (TBC).

Holding Deposit

A holding deposit will be required to secure a property.

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.

Business Sale

Accounts will be made available only to bonafide buyers signing an NDA.