50 Cover Hampstead Restaurant Arranged Over 2 Floors For Sale

Business description

Confidential Staff Unaware
Over Ground and First Floor
Fantastic Location
Premium £89,000
The Rent Is £30,000 PAX
Approx 50 Covers
13 Years Lease RemainingSituated minutes away from Hampstead Heath British Rail and Belsize Park Underground Station the restaurant is located in the heart of Hampstead within walking distance of The Royal Free Hospital.
Nearby occupiers include Marks and Spencer, The White House Public House and Starbucks.

Fully Licenced Premises

Property information

Property:

Leasehold

Lease terms:

The property is held by a Full Repairing and Insuring Lease for a term of 15 years; with an unexpired term of approximately 13 years. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.

Leasehold rent:

£30,000 per annum

Location:

Situated minutes away from Hampstead Heath British Rail and Belsize Park Underground Station the restaurant is located in the heart of Hampstead within walking distance of The Royal Free Hospital.
Nearby occupiers include Marks and Spencer, The White House Public House and Starbucks.

Premises details:

Ground Floor: The ground floor area can accommodate up to 20 covers, fully equipped reception bar area and W.C. Both floors benefit from integrated stereo and air conditioning systems.
First Floor: The first floor can accommodate a further 35 covers and has a fully equipped kitchen, ladies and gentlemen’s W.C.s and a retractable sky light feature.

Size in square feet:

753

Other information

Furniture / Fixtures value:

£20,000 (included in the asking price)

Inventory / Stock value:

£20,000

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