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Former Pub & Restaurant, 13 Cambridge Street, London, SW1V 4PR

£4,167 pcm
£50,000 pa

£18.5 per sq. ft.

Business rates & charges may apply

Savills, Southampton - Licensed Leisure
SIZE AVAILABLE
2,702 sq. ft.
(251 sq. m.)
SECTOR
Pub to lease

Lease details

Lease type:
Long term

Key features

  • Character Grade II listed former public house
  • Part-fitted having previously traded as restaurant-bar
  • Ground floor 797 Sq Ft (74 Sq M) / B'ment 1,905 Sq Ft (177 Sq M)
  • Potential for basement customer areas
  • Located in heart of Pimlico's residential back streets close to London Victoria
  • New lease with rental offers invited IRO £50,000 pax

Property description

Tenure: Leasehold

Description
A prominent end terrace property of brick construction with decorative stucco elevations benefitting from pavement seating area to front. The property is arranged over ground and basement only; the residential uppers are not included. We understand the property dates back to the mid 19th century.

The ground floor provides an open plan customer area with marble-top bar servery to right side. The interior design is contemporary with part wood paneled walls and fixed banquette seating. The basement provides further trade kitchen area, storage and customer WCs; features include basement vault arches with direct street access via external stairwell. . There is potential to convert the basement in to further customer areas (subject to consents).

Externally to the front of the property is a seated area for approximately 20 covers.

Viewings
The property is closed, however, we would recommend a customer visit to the area if not familiar. Viewings are to be made by appointment with the sole letting agents, Savills via the Licensed Leisure team.

Location
The property is situated in the densely populated residential backstreets of Pimlico at the corner of Hugh Street and Cambridge Street a short distance south-west of Eccleston Square Park. London Victoria's main transport hub is located 0.3 miles to the north, Sloane Square and Pimlico underground stations are located 0.7 miles to the west and south-east respectively. The area is administered by the City of Westminster.

Terms
A new free of tie lease is available with rental offers invited in the region of £50,000 pax and terms to be agreed. VAT and Stamp Duty Land Tax may be applicable.
The property is entered on the 2017 Ratings List with a Rateable Value of £46,000. The UBR for 2020/2021 is 0.49p/£. Please check voa.gov.uk for updated information.

Planning and Conservation
The property is Grade II listed and located in the Pimlico Conservation Area. Energy Performance Certificate rating D-86.

Premises Licemce
The property benefits from a licence permitting the sale of alcohol Monday to Saturday 11:00 - 23:00 and Sunday 11:00 -22:30. We understand that the main external drinking area is within the external demise; parties may wish to establish if a pavement licence is required (annual fee payable).

Former Pub & Restaurant, 13 Cambridge Street, London, SW1V 4PR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Victoria Station0.3 miles
  • Sloane Square Station0.4 miles
  • Pimlico Station0.6 miles

About the agent

Savills, Southampton - Licensed Leisure

2 Charlotte Place, Southampton, SO14 0TB

Savills, Southampton - Licensed Leisure
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Notes

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Disclaimer - Property reference 69350-2. 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, Southampton - 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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