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Restaurant to rent

Blenheim Street, Mayfair, W1S

£22,500 pcm

Property Description

Letting information:

Furnishing: Furnished or unfurnished, landlord is flexible

Full description

Triple fronted restaurant lease for sale on Blenheim Street in Mayfair, arranged over the ground floor and basement. It`s located in the heart of Mayfair, one of London`s most luxurious areas, filled with business corporations, high end restaurants, hotels, and shops. Transport links are excellent with the Bond Street and Oxford Circus underground stations nearby.

The restaurant has 60 covers over the ground floor, with potential to increase by 10-20 covers. There is also potential for outside seating, subject to licencing.

Planning: A3

Rent: £270,000 per annum

Lease: Assignment of a 15 year lease from 14th November 2013, with a rent review every 5 years, contracted inside the Landlord and Tenant Act of 1954

Premium: Price on Application

Size:
Ground: 1,532.00 sq ft
Basement: 1,947.00 sq ft
TOTAL: 3,479.00 sq ft

Rates:
Rateable Value: £249,000
Rates Payable: £119,271

Licence:
Late Night Refreshment
Monday to Saturday: 23:00 to 00:30
Sunday: 23:00 to 00:00

Sale by Retail of Alcohol
Monday to Saturday: 10:00 to 00:00
Sunday: 10:00 to 23:30


Legal Costs: Each party to be responsible for their own legal costs.

Viewing: By appointment through Sole Agents: Next Property Commercial 020 3745 7607

fay.khan@nextpropertycommercial.co.uk

ashley.saye@nextpropertycommercial.co.uk

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Industry affiliations

Association of Residential Letting Agents National Association of Estate Agents Licensed Member