Ref ID: 23193
Date available: 02-Apr-2024
Furnishing: Furnished/Unfurnished
Property type: Restaurant
Deposit: £9,278.85
Fully Fitted Restaurant Lease for Sale with part residential - Situated in the heart of Soho, Old Compton Street is located within a large selection of up market restaurants, bars and cafes. '' Confidentially Available ''
Several underground stations are located nearby such as Leicester Square, Oxford Circus and Piccadilly
Licenses: Playing of Recorded Music
Late night license on weekend
Private Entertainment consisting of dancing, music
Sale by Retail of Alcohol
Sizes
Basement - 256.72 sq ft
Ground Floor - 375 sq ft
1st Floor - 298 sq ft
2nd Floor - 650 sq ft
3rd Floor - 500 sq ft
Total Size - Approx - 2080 sq ft
Lease- Assignment of 31 year lease from 2009, with 5 yearly rent reviews, (inside the provisions of The 1954 Landlord and Tenant Act). The next rent review is in June, 2025.
Rent: ?96,500 per annum
Premium - ?450,000
Business Rates payable: ?30,996 per annum approx.
Legal Costs - Each party to bear their legal own costs
Viewing - Strictly through Agents - Next Property Commercial
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Property reference 23193. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Next Property - London.