£180,000 per annum
London, W12 7GD
Businesses For Sale, Commercial Property, Food Businesses, Leisure Property, Restaurants
The premises are well located in a prime position on the lowerSouthern Terrace, a dedicated restaurant and bar piazza at theentrance to Westfield London Shopping Centre. Occupiers locatedon the Southern Terrace include, Jamie's Italian, Wagamama,Carluccio's, Bill's, Wahaca, Cabana and Busaba Eathaiwith further restaurants located inside the scheme. WestfieldLondon is anchored by Debenhams, Next, Marks & Spencer,House of Fraser and Waitrose and also benefits from a 14-screen state-of-the-art Vue Cinema as well as a Gym Box fitnessclub. The overall footfall at Westfield London is circa 27million per annum.
The premises are fully fitted out to a high specification as a flagshiprestaurant laid out to accommodate 140 covers set arounda large bar in the middle of the trading area. There are a further30 covers located outside to the front of the premises on theSouthern Terrace. Kitchens, storage and toilets are to the rearof the premises. Plant and staff areas are on mezzanine level.
Ground Floor: 385.5 m2 / 4800 Sq. Ft.
Outside Seating: 71.5 m2 / 770 Sq. Ft.
Mezzanine: 60.4 m2 / 650 Sq Ft
Total: 577.8 m2 / 6220 Sq. Ft
The premises are available by way of an assignment of the existingFull Repairing and Insuring lease granted for a term toexpire in approximately 16 years subject to an outstanding rentreview from October 2014 and five yearly thereafter. It is understoodthat the lease is drawn inside the security of tenure provisionsof the landlord and tenant act 1954 part 2 as amended.
£180,000 per annum exclusive (under review).
Price upon application
The premises benefits from A3 planning use, with an alcohollicence in place until 1am, every day of the week.
This sale is highly confidential and under no circumstancesshould a direct approach be made to staff as they unawareof an impending sale.
A holding deposit will be required to secure the property; thedeposit will buy a period of exclusivity and will be held in theCDG Leisure client account.
Through the vendors agent: CDG Leisure(Attention of David Kornbluth)e: Davidk@cdgleisure.comm: 07507 88 00 40a : 17 Cavendish Square, London W1G 0PHt: 020 7100 5520f: 020 7100 5530www.cdgleisure.com
Property reference: cpjvhivhl8
The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by CDG Leisure. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.