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Fully Fitted Chelsea Restaurant With Late Licence To Let

UK
Asking Price:
£75,000 per annum
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises are currently fitted out as a restaurant entirely over the ground floor and fitted out to a very good standard. There is a fully fitted kitchen with extraction, customer WC facilities and ample storage space.

The premises are located on Fulham Road in a very busy spot with good pedestrian traffic. Conveniently close to both Earl's Court and South Kensington underground stations, and the Chelsea & Westminster Hospital is just a stone's throw away, further contributing to the passing trade.

Tenure: An assignment of the existing FRI lease which expires in January 2034, subject to 5 yearly rent reviews. The lease is granted inside the security of tenure provisions of the Landlord & Tenant Act 1954

Rent: £75,000 per annum exclusive.

Planning/Licensing: The premises benefit E class use and has a premises licence in place to allow the sale of alcohol with food until 12.30am on Friday and Saturday and until midnight all other days.

Premium: Offers in the region of £85,000.

Holding Deposit: A holding deposit will be required to secure the property, the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.

Key selling points:
Fully Fitted to a High Standard

Kitchen with Full Extraction

1am Alcohol Licence

High Footfall Neighbourhood Location

Close to Underground Stations

Property Information

Property:

Leasehold

Leasehold Rent:

£75,000 per annum

Size in square feet:
1300 sqft