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property information
Commercial
Type: For rent
Tenure : Leasehold
Class: A3 Restaurants and Cafes
Address: Thavies Inn House Holborn Circus, London EC1N 2HA, UK
Categories:
Cafe
Restaurant
Rent: £55,000
Min size: 2,050.00 sq ft

Location:

The premises are located in an excellent location on the junction of Holborn Circus as part of Thavies Inn House in the heart of Holborn. The location provides an abundance of footfall traffic due to being located in amongst many other retailers, restaurants and bar premises. Smithfield meat market is close by and St. Bart’s Hospital is within walking distance. Transport links are excellent with both Farrington Overground Station (Thameslink) and Chancery Lane underground Station (Central Line), being only a few minutes walk away.

 

Description:

The premises are fully fitted as a modern casual restaurant/ cafe with seating for approximately 24 covers. The ground floor also has a large serving counter and both male and female wc facilities. The basement was once a kitchen area but has since been stripped out and is being used primarily for storage facilities. Planning permission has been granted to connect both floors in order to accommodate a further 80 covers in the basement. The premises further benefit from a large forecourt area licensed for 28 covers for alfresco dining.

 

Floor Areas:

Ground: 78.96 m2 / 850 Sq Ft

Basement: 78.96 m2 / 850 Sq Ft

Forecourt: 78.96 m2 / 850 Sq Ft

Total: 190.43 m 2 / 2,050 Sq Ft

 

Tenure:

An assignment of our clients Full Repairing and Insuring Lease for a term of 10 years from March 2013. It is understood that the lease is granted outside the security of tenure provisions of The Landlord and Tenant Act 1954.

 

Passing Rent:

£55,000 per annum exclusive

 

Premium: Location:

Offers in the region of £375,000

 

VAT:

May be applicable to both the premium and rent.

 

License/Planning:

The premises benefit from A3 planning use. An application has been made recently for a premises licence to sell alcohol with the usual restaurant conditions and hours

 

Confidentiality:

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

 

Holding Deposit:

A holding deposit will be required to secure the property and will be held in the CDG Client bank account.

 

Viewings:

Through the vendors agent:

CDG Leisure (Attention of Salvatore Di Natale)

e: Salvatore@cdgleisure.com

a: 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com


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Cafe for rent - Thavies Inn House Holborn Circus, London EC1N 2HA, UK

Listed on: 19 February 2015
£55,000 Per annum
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