Belsize Lane, Belsize Park

LOCATION
The property is prominently located on Belsize Lane, directly opposite the feature Belsize Courtyard. Situated in the heart of a vibrant residential area, the premises occupy a prime position within the main commercial stretch of Belsize Village, known for its independent and artisan businesses, boutique retailers, and popular restaurants serving the local community.

Excellent transport connections include Belsize Park Underground Station (Northern Line), less than a 10-minute walk away, and Hampstead Heath Overground Station, approximately half a mile from the property. Multiple bus routes serve the area, and the open spaces of Hampstead Heath and Parliament Hill are also within close proximity.

DESCRIPTION
RESTAURANT TO LET - ASSIGNMENT OF LEASE
Belsize Village, NW3
Premium: £80,000

An excellent opportunity to take over a well-established ground-floor and basement restaurant in the highly desirable Belsize Village. The property is held by way of an assignment of an existing Full Repairing and Insuring (FRI) lease, with approximately 16 years remaining, subject to five-yearly rent reviews.

Currently trading as an Indian restaurant, the premises benefit from:

42 internal covers
External table seating for 4
Use of the adjacent courtyard for up to 20 additional covers
Private dining room
Two WCs
A bar area

Well-maintained basement kitchen with full extraction
Storage rooms
Attractive window frontage

The property has operated continuously as a restaurant since 1968. The ingoing tenant will benefit from its excellent condition and existing fixtures and fittings.

A premium of £80,000 is sought for the benefit of the lease, goodwill, and fixtures & fittings.

Please note we charge a £900 administration and compliance fee to incoming tenants.

ACCOMMODATION
Approx. 1,286 sq ft (ground floor and basement combined)

AMENITIES
Key Features / Amenities

2 x WCs
Fully fitted bar area
External seating (including courtyard)
42 internal covers
Private dining room

LEGAL COSTS
Each party to bear own costs, ingoing tenant to pay landlord legal costs.

PARKING NOTES
No Parking

OTHER
Prospective tenants are advised to make their own enquiries with the Local Authority.

VIEWING
Strictly by appointment through the Landlord's agent MI Commercial