Business For Sale - 3 Panton Street, St. James's, London SW1Y 4DL, UK

Fixed price

£42,600 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Address:

London, SW1Y 4DL

Categories:

Businesses For Sale, Commercial Property, Food Businesses, Leisure Property, Restaurants

Listed on:

24-02-2015

Commercial

Central London

937 hectares


Description

Location:

The premises are prominently located on Panton Street, adjacent to Aberdeen Angus Steakhouse on Haymarket local businesses include: Tiger Tiger, Strada, Pizza Express and Planet Hollywood to name but a few. The premises are situated close a new development block being built on Haymarket and a brand new hotel which will be located in Leicester Square. Both are due to complete late 2015. The nearest tube station is Piccadilly Circus station within 2 minute walk away.

Description:

This boutique restaurant is fitted to reasonable standard, trading over ground floor and basement. The ground floor accommodates approximately 25 covers where there is a bar at the rear of the premises. To the rear of the property there is a small prep room ample storage and a dumbwaiter system. In the prep room you will find a coffee machine and a wash basin. The kitchen is located in the basement which has a full extraction system and a few preparation tables located inside the kitchen. The basement you can accommodate 25 covers together with a storage room and male & female WCs.

Floor Areas:

Ground Floor: 40.2 m2 / 437.71 Sq. Ft.

Basement: 46.43 m2 / 499.77 Sq. Ft.

Total: 86.63 m2 / 937.48 Sq. Ft .

Tenure:

We are offering an assignment of the existing Full Repairing and Insuring lease for a term of 15 years from 28th September 2009, 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.

Passing Rent:

£46,200 per annum exclusive

Premium:

Offers in the region of £80,000

License/Planning:

The premises benefits from A3 planning use and an alcohol license is in place allowing the sale of alcohol the following times: Monday-Saturday: 10.00am - 11.30pm. Sunday: 12.00am - 11.00pm.

Confidentiality:

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they unaware of an impending sale.

Holding Deposit:

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.

Viewings:

Through the vendors agent:

CDG Leisure (Attention of Emma Cousins)

m: 07508 331 678

e: emma@cdgleisure.com

a : 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com




Disclaimer

Property reference: cpzv717l8w

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.

This property is marketed by:

CDG Leisure
17 Cavendish Square, Marylebone, London W1G, UK

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Reference: cpzv717l8w

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