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0 bed Restaurant property

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Listed May 14, 2024

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£65,000

Available

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0207 118 0000

By Next property Ltd

Description

" Class ERestaurant unit to let on Old Compton Street in Soho outside seating. The unit is located in a busy location, just a few minutes walk from Leicester Square station.The premises are arranged over the ground floor, totalling approximately 484 sq. ft.

Planning: The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020. Interested parties should carry out their own due diligence in this regard. Premises can be used as Restaurant, Retail, Office, Gym etc.

Key points:
Late night refreshment license, only weekend
License to serve Alcohol with food - Monday to Thursday: 10:00 to 23:15 - Friday to Saturday: 10:00 to 23:45 - Sunday: 12:00 to 22:15
Permission for outside seating

Lease: It is a 5 years lease from October 2021. The lease will be extended for 5 more years from the date of expiry.

Rent: The current passing rent is ?65,000 per annum exclusive until October 2023, stepping up to ?75,000 and then to ?78,000 in years 4 & 5.

Premium: Offers Invited

Size(approx.):
Ground floor: 484 sq. ft.

Business Rates Payable: TBC

Legal Costs: Each party to be responsible for their own legal costs.

Viewing: By appointment through Sole Agents: Next Property Commercial 0207 118 0000

fay.khan@nextproperty.co.uk

ashley.saye@nextproperty.co.uk

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Client Money Protection provided by: Propertymark Client Money Protection Scheme (C0123675) "