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Retail Property (high street) for sale

Goodge Street, London, W1T

Under Offer £60,000
422–807 sq. ft.

Property Description

Commercial information

  • Business for sale
  • 422 sq ft (39 sq m)
  • Use class orders: A1 Shops and A3 Restaurants and Cafes

Key features

  • Fully Fitted to a High Standard
  • Good Location
  • High Footfall
  • 5 Years Remaining
  • Well Known Operators Nearby

Full description

Tenure: Leasehold

The premises are situated in a prime food/restaurant pitch in Goodge Street between the junctions of Charlotte Street and Charlotte Place. Immediately nearby are Nando's Restaurant Fabrique Bakery, Pure, Wok to Walk and Italiano Coffee Company.

The premises are arranged on Ground Floor and Basement having the following approximate dimensions and floor areas: -

Ground Floor Area 422sq ft 39.20sq m
Basement 385sq ft 35.76sq m

The premises are held on a lease for a term expiring in February 2022 at a rental of 60,000 pax. The lease is inside the protection of the Landlord & Tenant Act

A price of 150,000 is required for the company that owns the lease including business goodwill, fixtures, fittings and equipment, liquor licence and an inherent tax benefit - further details on request.

Each side to bear their own legal costs incurred in the transaction.

Available on request

We understand that the premises are assessed for rates as follows: -

Rateable Value (2017) 43,750
Rate in pound 46.6p
Rates Payable (2017/2018) 20,387.50

Interested parties are advised to verify this information with the Local Rating Authority.

Subject to Contract

More information from this agent


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