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Restaurant to rent

New Cavendish Street, London, W1G

£7,083 pcm
1,500 sq. ft.

Property Description

Commercial information

  • 1,500 sq ft (139 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

Rare Marylebone Restaurant Lease For Sale

Address

17 New Cavendish Street, off Marylebone High Street W1

Location

The property is situated on New Cavendish Street a moment from the junction of Marylebone High Street which is busy and popular west end village with affluent residential local and tourist footfall 7 days a week.

Demise

The property has the following approximate floor areas:
Ground floor - Circa 750 sq ft
Basement - Circa 750 sq ft
Outside seating for 10 covers

Lease

Expires 8th January 2027 the lease is held inside the landlord and tenant act 1954 part II as amended.

Rent

Since the last review in January 2017 the passing rent is 85,000pax

Ratebale Value

Currently 37,500 and expected to increase to 45,500 in 2017.
Rates payable would be in the region of 22,000.

Premium

Premium offers invited.

Use:

Full A3 restaurant planning use.

Timing:

Available immediately.


Map & Street View

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