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Prime Riverside Restaurant/bar To Let

UK
Asking Price:
On Application
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises are partially fitted on ground and basement. The kitchen is located on the ground floor which can accommodate approximately 160 covers. The basement houses storage and toilets. The large outside seating area can accommodate an additional 50 covers.

The restaurant is situated in a prominent position in Westferry Circus, in the heart of London’s financial district of Canary Wharf. The premises overlook the River Thames and are immediately opposite the Canary Wharf Ferry Terminal. Nearby operators include The Royal China, Gaucho, a soon to open Korean Barbecue restaurant, Café Brera and Mala, all part of the thriving Canary Riverside Estate.

Tenure: A new FRI lease, terms to be agreed.

Quoting Rent: Offers in the region of £240,000 per annum exclusive. There is an additional licence fee of £10,000 per annum for the outdoor seating area.

VAT: VAT may be applicable to the rent and other considerations.

Planning/Licence: The premises benefit from E Class planning use and the letting will be subject to a successful application for a suitable premises licence with standard restaurant hours and conditions.

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:
Overlooking the Thames at Canary Wharf

Large Outside Seating Area

Approx. 160 Internal Covers

Part Fitted Premises

Heavy Commuter and Resident Footfall

Property Information

Property:

Leasehold

Size in square feet:
5821 sqft