DescriptionThe trading elements are arranged over ground, first and basement floors forming part of a Victorian
seven-story building with apartments on the upper floors which do not form part of the sale. The Property has a distinctive double bow frontage and adjoins a popular public house, The Paxton Arms.
LocationThe Property is located in a impressive London location being in the heart of Knightsbridge with a range of luxury hotels, retailers and restaurants in close proximity. Situated opposite Hyde Park and the exclusive One Hyde Park residential building with Knightsbridge Underground station nearby.
Internal DetailsDirect entrance from the street to a lobby with small reception desk and a spiral staircase leads to both floors. Feature glazed wall leading through to ground floor restaurant with tiled floor. This trading area is fitted with upholstered banquette style seating, tables and chairs for around 48 diners. There is a service area to the rear with dumbwaiter to the other floors and steps down to main kitchens and additional service staircase to first floor.
The first-floor dining area has a large picture window to front, mirrored wall, part domed ceiling and tiled floor, and seats around 50 on a range of tables and chairs with some banquette seating. Customer toilets.
The basement is accessed via a staircase to one corner and has its own separate central bar counter with raised seating areas for 10. Further customer toilets. Storage areas leading off to the rear with staff area and small office.
Other FloorsThe ground floor trade kitchen is spacious and well-fitted with full extraction, nine-wok burner oven and other commercial catering equipment, with a separate wash-up area, rear access, dry store and office.
Fixtures & FittingsThe trade fixtures and fittings are included in the purchase price. The artwork which is available by separate negotiation, and other personal items will be removed, as will any Mr Chow branding.
Process and timelinesInterested parties will be required to execute a nondisclosure agreement to obtain access to a data room containing financial and other information.
All offers must be accompanied by clear proof of funding; landlords pack and any conditions and all interested parties must be in a position to complete a transaction by no later than 20th November 2026.
Prospective purchasers should be aware that the sale is being conducted by the joint administrators, acting as agents of the Company and without personal liability. Any sale agreement will reflect the nature of an insolvency process and, accordingly, the joint administrators will be unable to provide the warranties, representations and indemnities.
The OpportunityThe restaurant is being offered for sale by the joint administrators through an accelerated sales process, with a view to achieving a sale as a going concern. The sale excludes the Mr. Chow brand, trading name and associated intellectual property rights.
The Administrators are seeking interest and offers by 6th November and completion no later than 20th November 2026.
This is a rarely available location which has been a successful restaurant for many years. It can either continue to trade in a similar style under a different brand name or be a prestigious landmark site for an established operator.
StaffAll staff will transfer with the business in accordance with the Transfer of Undertakings (Protection of Employment) Regulations.
Trading InformationMr Chow was opened by the founder in 1968 and was one of the first prestigious Chinese restaurants in London. The owners have since gone on to open three further Mr Chow sites in the USA and in Riyadh, which opened in 2023.
We understand the business does not open during the day and has relied entirely on evening trade seven-days a week. This is unusual for a restaurant in this location, which attracts visitors all year round.
Whilst the restaurant may no longer be able to trade as Mr Chow, it is an established location that could continue to offer high-end Chinese cuisine or be reinvented to take advantage of its outstanding location.
Trading accounts will not be available although some limited information, staff and utility costs will be provided to seriously interested parties.
Trading HoursThe premises currently trade 7-days a week, 6pm to midnight.
TenureThe premises are held on a 20-year lease until 2030 from Knightsbridge Green Estate Limited . The rent payable in 2025 was £412,986 which is subject to annual increases of 5% per annum. It is an internal insuring and repairing lease with a service charge in addition.
Business RatesThe current rateable value according to the VOA as of 2025 is £111,000. The local authority is Westminster City Council.
RegulatoryThe property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licensing Act that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.