Property Type | Restaurant |
Tenure | Lease Assignment / For Sale |
Size | 1,800 sq ft |
Energy Performance Rating | Upon enquiry |
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.
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 |
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.
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.
£42,000 per annum exclusive.
Upon Application
VAT may be applicable to the rent, premium and other outgoings.
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).
A holding deposit will be required to secure a property.
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.
Accounts will be made available only to bonafide buyers signing an NDA.