The premises are located in the heart of South Kensington. The unit benefits from a busy vicinity of food and beverage operators such as Prada Chef, Eli’s Restaurant, Mama Pho, Pizzetta, Cocotte and Leon to name a few. The nearest location is South Kensington Underground station, with access to Circle & District and Piccadilly Line.
The premises operate as a pizza restaurant and bar arranged across two floors. The ground floor can accommodate 40 covers and the basement holds a kitchen, storage room, toilets, and restaurant space to hold another 20 covers. The premises benefit from a fully fitted kitchen with extraction.
Tenure: An assignment of an existing lease which expires in 2031, with 4 yearly rent reviews, inside the Landlord and Tenant Act 1954, part 2 amended.
Rent: £42,500 pax.
Premium: Offers in the region of £90,000.
VAT: VAT may be applicable to the rent, premium and other outgoings.
Planning Use/ Premises Licence: The premises benefit from Class E planning use and has a premises licence in place from the following times: 10 am to 1 am from Monday to Saturday, and till 11:30 pm on Sundays.
Key selling points:
60+ Covers
Inside the L&T Act 1954
Premises Licence till 1am
Busy Location in South Kensington
Fully Fitted Restaurant with Extraction
