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Fully Fitted Fitzrovia Restaurant With Extraction For Sale

Fitzrovia, London, UK
Asking Price:
£55,000
Turnover:
On request
Net Profit:
On request

Fully fitted 1,190 sq ft restaurant in the heart of Fitzrovia, benefiting from approximately 50 covers, commercial kitchen facilities, full extraction and a premises licence.

Arranged over the ground floor and basement, the restaurant has been fitted to a high standard and includes a ground-floor show kitchen, additional basement kitchen, storage and customer toilets. There is also external forecourt seating for approximately four people.

Situated just off Charlotte Street and close to Goodge Street and Tottenham Court Road, the location benefits from strong all-day trade throughout the week and a substantial concentration of restaurants, bars and cafés.

The existing lease runs until December 2035 at a passing rent of £55,000 per annum exclusive. Premium is available on application. Enquire for further details regarding this fully fitted Fitzrovia restaurant opportunity.

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

An assignment of the existingr full repairing and insuring lease for a term of 15 years expiring in December 2035, which is drawn inside the security of tenure provisions of the Landlord and Tenant Act 1954 part 2 as amended.

A holding deposit will be required to secure the property which will grant a period of exclusivity and will be held in the CDG Leisure client account.

Location:

Fitzrovia, London, just off Charlotte Street and close to Goodge Street and Tottenham Court Road. The area benefits from strong all-day trade throughout the week, with numerous restaurants, bars and cafés in the immediate vicinity.

Premises Details:

The Restaurant is restaurant arranged over a 760 sq ft ground floor and 430 sq ft basement. The premises accommodate approximately 50 covers plus external forecourt seating for four people. Facilities include a ground-floor show kitchen with extraction, an additional basement kitchen, storage and customer toilets.

Size in square feet:
1,190 sq ft
Planning Consent:

Class E planning use.

Business Operation

Expansion Potential:

Not provided

Competition / Market:

Not provided

Employees:
Not provided

Other Information

Support & training:

Not provided