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Commercial
Type: For rent
Tenure : Leasehold
Class: A3 Restaurants and Cafes
Address: 3 Panton Street, St. James's, London SW1Y 4DL, UK
Categories:
Restaurant
Rent: £42,600
Min size: 937.00 sq ft

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


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Restaurant for rent - 3 Panton Street, St. James's, London SW1Y 4DL, UK

Listed on: 24 February 2015
£42,600 Per annum
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