MapRestaurant
Restaurant
Features and description
- Great footfall
- Great location
- Reduced Premium £99,500
- Long Lease
RECENTLY REFURBISHED Excellent double-fronted restaurant premises in Marylebone features approximately 1,040 sq. ft. of ground floor space, accommodating seating for up to 50 diners. It includes ancillary facilities such as a well-equipped kitchen with a prep area, CCTV as well as customer toilets. Premium £99,500
LOCATION: Marylebone is a stylish residential area with a village atmosphere, centred around the independent boutiques and upscale restaurants of Marylebone High Street. Tourists flock to attractions like the Madame Tussauds wax museum and the Sherlock Holmes Museum, located at 221b Baker Street, the fictional detective's home.
3-minute walk to Marylebone Station
8-minute walk to Baker Street Station
LEASE: 15 years from 7th December 2022
Protected under the Landlord and Tenant Act
Rent Deposit: 3 months + VAT (£13,500)
Rent Review: 7th December 2027 (after 5 years)
Break Clause: Every 5 years (next: 7th December 2027)
PREMIUM: £99,500 including goodwill, fixtures, and fittings. The premium reflects the refurbishment costs undertaken by the current tenants, the current business, and the high-quality equipment included in the sale.
LICENSES: Previous Alcohol Licence (Monday to Sunday)
Current Trading Hours:
Monday to Thursday: 08:00 - 22:30
Friday: 08:00 - 23:30
Saturday: 12:00 - 23:30
Sunday: 09:00 - 22:00
RATES: The rateable value = £32,500; payable, approx. £3,810. Interested parties must verify these figures with London Borough of Westminster.
LEGAL COSTS: Each party to be responsible for their own legal costs incurred in the transaction. The incoming Tenant covers reasonable landlord's legal fees.
VIEWING: Strictly by appointment only with SOLE Agents Citydeal Estates[use Contact Agent Button].
LOCATION: Marylebone is a stylish residential area with a village atmosphere, centred around the independent boutiques and upscale restaurants of Marylebone High Street. Tourists flock to attractions like the Madame Tussauds wax museum and the Sherlock Holmes Museum, located at 221b Baker Street, the fictional detective's home.
3-minute walk to Marylebone Station
8-minute walk to Baker Street Station
LEASE: 15 years from 7th December 2022
Protected under the Landlord and Tenant Act
Rent Deposit: 3 months + VAT (£13,500)
Rent Review: 7th December 2027 (after 5 years)
Break Clause: Every 5 years (next: 7th December 2027)
PREMIUM: £99,500 including goodwill, fixtures, and fittings. The premium reflects the refurbishment costs undertaken by the current tenants, the current business, and the high-quality equipment included in the sale.
LICENSES: Previous Alcohol Licence (Monday to Sunday)
Current Trading Hours:
Monday to Thursday: 08:00 - 22:30
Friday: 08:00 - 23:30
Saturday: 12:00 - 23:30
Sunday: 09:00 - 22:00
RATES: The rateable value = £32,500; payable, approx. £3,810. Interested parties must verify these figures with London Borough of Westminster.
LEGAL COSTS: Each party to be responsible for their own legal costs incurred in the transaction. The incoming Tenant covers reasonable landlord's legal fees.
VIEWING: Strictly by appointment only with SOLE Agents Citydeal Estates[use Contact Agent Button].
Property information from this agent
About this agent
Our aim is to offer an unparalleled service by continually exceeding customer expectations. We represent our company through enthusiasm, congeniality and thorough knowledge of the local area, derived by both working and living in the locality of West London. Why choose us: We strive to offer a supportive, personal and sincere approach, yet above all maintain a highly professional and expert service, altering current perceptions of the typified estate agent. Our aim is to provide a unique, second to none service being reliable, flexible and dynamic. Give our intelligent approach a try. Want a direct point of contact? Speak to Faisal Yousuf on 020 8022 6537.