Restaurant
A great opportunity to acquire this established Restaurant close to Gloucester Road Station. The property is arranged over ground and basement floors and benefits from excellent visibility making it a desirable destination. The surrounding area boasts a diverse mix of residential and commercial establishments, further enhancing the restaurant's potential clientele.
Features:
100 covers
Fully fitted kitchen
Restrooms
Bar
All fixtures and fittings are included in the sale.
Size:
Ground - 1296 / 120.42 sq m
Basement - 1179 sq ft / 109.58 sq m
Total - 2477 sq ft / 230 sq m
Rent: £80,000 per annum
Rates: £38,000 approx.
Class: E
Lease: 17 years remaining Inside the Landlord & Tenant Act 1954
Premium: Offers in excess of £450,000. To include all fixtures & fittings. List available on request
What is a premium? A premium is a goodwill you will be paying upfront to the current leaseholder for the benefit of the current lease terms, equipment known as fixtures and fittings, and any business trade which would be passed on.