£85,000 per annum
Bars, Businesses For Sale, Commercial Property, Food Businesses, Leisure Businesses, Leisure Property, Pubs, Restaurants
The premises are located in Notting Hill which is an affluent London suburb and benefits from high footfall due to the numerous tourist locations within the vicinity. Notting Hill Gate Underground station, which is serviced by the Circle Line, Central Line & District Lines, is within a short walking distance. Other leisure operators in the area consist of Negozio Classica, The Earl of Lonsdale, Hummingbird Baker & Gails to name but a few.
The premises are fully fitted to a high standard benefitting from a large trade area and bar at ground floor level. The kitchen is located in the basement which has a full extraction system. The basement further accommodates both male & female WCs, staff changing rooms and additional storage.
Ground Floor: 59.8 m2 / 635 Sq. Ft.
Basement: 46.5 m2 / 500.5 Sq. Ft.
Total: 106.3 m2 / 1,135.5 Sq. Ft .
We are offering an assignment of the existing Full Repairing and Insuring lease for a term of 20 years from July 2005, subject to 4 yearly rent reviews. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954.
£85,000 per annum exclusive
Offers in the region of £175,000
The premises benefits from A3/A4 planning use and an alcohol license is in place allowing the sale of alcohol the following times: Monday-Thursday: 10.00am - 12.00pm. Friday - Saturday: 10:00am - 01:00am. Sunday: 12.00am - 11.00pm.
This sale is highly confidential and under no circumstances should a direct approach be made to staff as they unaware of an impending sale.
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.
Through the vendors agent:
CDG Leisure (Attention of Charles Cohen)
m: 07958 122 154
a : 17 Cavendish Square, London W1G 0PH
t: 020 7100 5520
f: 020 7100 5530
Property reference: cpvry911tr
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.