Prime Mayfair Restaurant Opportunity

Key Features

• Excellent Fitout
• Alcohol Licence till 12pm
• Renewed Lease Expiring in 2038
• Fully Fitted Turnkey Opportunity
• Prime Location near Piccadilly Circus and Regent Street

Description

The premises are arranged over the ground floor and basement with seating for approximately 50 covers with an open kitchen and stylish interiors blending contemporary and traditional Asian design elements. The unit includes a fully equipped kitchen with extraction, prep space, WCs, and ample storage.

Available area

The accommodation comprises the following areas:

Location

The premises is situated in the heart of the sought after location of Mayfair. The restaurant is just a short walk from Piccadilly Circus and Regent Street, areas known for high footfall and a vibrant mix of retail, dining, and cultural attractions. The location offers excellent connectivity, with nearby access to public transportation such as Piccadilly Circus and Green Park Underground Stations.

Tenure

An assignment of a 15 year lease from 2024 with 5 yearly rent reviews, granted inside the security of tenure provisions of the Landlord & Tenant Act 1954.

Rent

£82,000 pax.

Premium

On Application.

VAT

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

Planning/Licence

The premises benefit from E Class use, with a premises licence to serve alcohol with the provision of food with the following times:
Monday to Thursday from 10am to 11:30pm, Friday to Saturday from 10am to 12pm, Sunday from 12pm to 10:30pm.

Holding Deposit

A holding deposit will be required to secure the property, will grant 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.