Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 850 to 1,700 sq ft |
Rent | £98,000 per annum |
Energy Performance Rating | Upon enquiry |
The premises are fully fitted as a Middle Eastern style restaurant with 32 covers on ground floor, 22 covers outside forecourt and fully fitted kitchen and back of house located in the basement. The first and second floors provide income of circa £4,500 per month bringing the overall rent down in excess of 50%!
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground - Restaurant | 850 | 78.97 |
Basement | 850 | 78.97 |
Total | 1,700 | 157.94 |
Located in the heart of Chelsea on a prominenet corner opposite the famous Goat pub and close to the Chelsea and Westminster Hospital. Nearby occupiers include Gails, Sophies Steakhouse, Pret A Manger, Rosso Pomodora and many other retail, restaurant and bars.
We are offering and Assignment of the existing full repairing and insuring lease for a term remaining of 9 years subject to rent review in 4 years. The lease is inside the security of tenure provisions of the Landlord and Tenant Act 1954.
£98,000pax
N.B Income from upper parts to take into consideration
Offers in the region of £200,000 for the benefit of the leasehold interest, license and all fixtures and fittings
Premises license in place allowing the sale of alcohol until 2am every day of the week
All figures quoted may be subject to VAT if applicable
A Holding Deposit will be required to secure this 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.