Superb Bar Restaurant In Central London For Sale

Business description

Premises overlooks River Thames, luxury hotels, offices, etc. 1,200sq ft, 70 seats (inside), 70 seats (outside), staff run, tkg £10,000pw, expected rise to £30,000pw. 20 yrs lse from July 06, 5 yrly rvws, rent £30,000pa (inside) & £17,000pa (terrace),

Property information

Property:

Leasehold

Lease terms:

20 years lease commenced in July 2006 with 5 yearly rent reviews, current rent for the main premises is £30,000 pa & £17,000 pa for the outside terrace.

Leasehold rent:

£47,000 per annum

Location:

This is once again a lifetime opportunity to acquire a totally unique premises situated on short distance from Central London and in a fabulous position overlooking the River Thames. An area teeming with tourists & sightseers plus there are numerous large corporate offices and luxury hotels nearby, along with a large & wealthy residential community.

Premises details:

This fabulous premises has recently been expensively refurbished and re-equipped and offers outstanding views over the river. The gross frontage is approximately 62’ wide and internally the 1,200 sq ft lock up premises comprises a beautifully fitted 45 seater bar/restaurant which is fitted to a very high standard. To the left of the entrance is a vaulted drinks cellar plus well appointed ladies/gents/disable toilet & to the right of the entrance is an excellent kitchen and a separate washing up room which has an exit door out to a paved terrace at the side. The terrace is approximately 58’ long with a mean depth of approximately 36’ and is directly alongside the river affording magnificent views. This area has just been acquired by the present owner who has now obtained planning permission for seating to accommodate up to 150 customers, offering truly phenomenal potential for new owner.

Planning consent:

A1

Business Operation

Reasons for selling:

Emigrating

Trading hours:

Mon – Fri 8.00 am – 11.30 pm & Sat/Sun 9.00 am – 11.30 pm.

Years established:

6

Other information

Support & training:

Available

Inventory / Stock value:

£5,000