Licensed Restuarant In Nw3 For Sale

Business description

Excel town centre posn, in heart of London’s most popular district. 950 sq ft, 40 seats, tkg £4,000/£5,000 pw (evening trade). 24 yrs lse from Aug 2001, 4 yrly reviews, rent £26,000 pa, rates £10,000 pa. Opp not to be missed.

Property information

Property:

Leasehold

Lease terms:

Renewable 24 years lease from August 2001 with 4 yearly rent reviews and the current rent is £26,000 per annum.

Leasehold rent:

£26,000 per annum

Location:

Occupies an excellent town centre position in the heart of one of London’s most popular districts which is enormously sought after & offers fantastic potential for an experienced restaurateur.

Premises details:

This lower level restaurant has enormous charm and character. It is in need of some refurbishment and re-equipping but in this enviable location this would certainly reap its rewards. The total floor area is approximately 950 square feet and comprises a lovely 40-seater restaurant with beamed ceiling & charming ‘Olde Worlde’ decor. There is a separate reception/drinks bar area close to the entrance which can seat further 12 customers and on the opposite side of the restaurant is kitchen, store, 2 washing up areas and a walk in cold store. Ladies/gents toilets/washrooms are on either side of the dining area.

Size in square feet:

950

Planning consent:

A3

Business Operation

Trading hours:

Mon - Sat 6.30 pm - 11.00 pm

Employees:

3 families + 2 p/t

Years established:

23

Other information

Support & training:

Available if required.