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Fitzrovia Restaurant With Low Rent For Sale

Fitzrovia, London, UK
Asking Price:
£100K - £200K
Turnover:
On request
Net Profit:
On request

Exceptional opportunity to acquire a fully fitted restaurant in the heart of Fitzrovia, one of Central London's most established dining destinations. Benefiting from a premium fit-out, attractive low passing rent and over 12 years remaining on the lease, this is an ideal opportunity for owner-operators and hospitality groups alike.

The restaurant extends to approximately 1,200 sq ft across ground floor and basement levels and is presented in excellent condition throughout. The ground floor accommodates approximately 50 covers and features an attractive bar area beneath a striking glass atrium-style roof, creating a bright and distinctive dining environment. The basement houses the commercial kitchen, storage facilities and customer toilets.

Located within a highly sought-after Central London restaurant district, the premises benefit from strong passing trade throughout the day and evening. The surrounding area is home to a wide range of offices, residential developments, hotels, restaurants and bars, attracting a diverse customer base of professionals, residents and visitors.

With a high-quality fit-out already in place, low annual rent and a long secure lease, the business offers excellent potential for a variety of restaurant concepts. The premises are ready for immediate occupation with minimal additional investment required.

Enquire today for further information. Strict confidentiality applies and staff should not be approached directly.

Property Information

Property:

Leasehold

Lease Terms:

Assignment of existing lease with approximately 12.5 years remaining, subject to five-yearly rent reviews.

Lease Rent:
£43,000 per sq ft per annum
Location:

Situated within the heart of Fitzrovia, one of Central London's most popular restaurant and hospitality districts. The area benefits from substantial pedestrian traffic and a strong mix of office workers, residents, tourists and hotel guests throughout the week.

Premises Details:

Fully fitted restaurant arranged over ground floor and basement levels. Ground floor dining area accommodates approximately 50 covers and includes a feature bar beneath a glass atrium-style roof. Basement comprises commercial kitchen, storage facilities and customer toilets.

Size in square feet:
1,200 sq ft
Planning Consent:

As permitted by licence.

Business Operation

Expansion Potential:

Opportunity to introduce a new food concept, increase trading volumes and further capitalise on the area's strong daytime and evening economy.

Competition / Market:

Surrounded by a diverse selection of established restaurants, cafés, bars and hospitality operators, helping to drive strong customer demand.

Trading hours:

As permitted by licence.

Alcohol licence permitting sales until 11:00pm seven days per week, subject to standard restaurant conditions.

Other Information

Support & training:

By Agreement