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UNDER OFFER

Incognito Cocktail Company, 2 Duke Street, Richmond, TW9 1HP

£8,841 pcm
£106,090 pa

£61.32 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

1,730 sq ft

161 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent

Key features

  • Leasehold pub in affluent London Borough of Richmond
  • Close proximity to Richmond Station
  • Ground floor trade area measuring approximately 1,730 sq ft
  • Extensive private accommodation over first and second floors
  • Held on a free of tie lease expiring in May 2037 at a rent of £106,090 per annum
  • Business closed in August 2024
  • Available by way of a nil premium lease assignment

Description

Description
The Incognito Cocktail Company is a mid terraced public house constructed over part two and part three storeys above basement. The property has brick elevations, beneath a flat roof with parapet walls.

Location
Richmond is a London Borough located in South West London approximately 2 miles east of Twickenham and 9 miles west of Central London. Richmond National Rail station is located approximately 350 yards to the north providing services to Central London (via London Waterloo station) with a journey time of approximately 20 minutes. Richmond Park is located approximately 20 minutes walk away from the subject property.

Accommodation
Ground Floor: The ground floor provides an open plan customer area with bar servery to the left hand side. The property is configured to fit approximately 54 covers with trade kitchen to the rear left and ladies, gents, and disabled customer WC’s to the rear.

Basement: The basement provides ancillary accommodation comprising beer cellar, manager's office and dry storage.

First Floor: The first floor provides four rooms, boiler room and bathroom.

Second Floor: The second floor provides two rooms and a bathroom.

Tenure
Leasehold (Title Number TGL584128). The free of tie lease dated 27th May 2022 between Tavern Propco Ltd and Chadwicks Richmond Ltd is for a term of 15 years with a passing rent of £106,090 per annum. The rent is subject to open market reviews and annual RPI increase subject to a collar of 1% and cap of 3%.

Rateable Value
2023 - £74,000

EPC
C-64

Planning
The property is not listed but is situated within the Richmond Green Conservation Area.

Licensing
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol daily between Sunday to Thursday 10:00 - 23:00, Friday 10:00 - 00:30 and Saturday 08:00 - 00:30.

Terms
Available by way of nil premium assignment.

VAT
VAT will be applicable

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers and tenants. Prospective purchasers and tenants will need to provide proof of identity and residence.

Photography
Please note the photography included within the brochure was taken while the property was open and trading however, it has since closed.

Viewings
For all viewing requests please contact the sole agent Savills.

Brochures

Incognito Cocktail Company, 2 Duke Street, Richmond, TW9 1HP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Richmond Station0.2 miles
  • North Sheen Station0.8 miles
  • St. Margarets Station0.8 miles

About Savills, Margaret Street - Licensed Leisure

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 233826-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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