LOCATION: The premises are prominently located in the busy Fitzrovia. This commercial unit is situated in an excellent position, benefiting from good passing trade and proximity to several offices. This commercial unit offers excellent transport links with Great Portland Street and Goodge Street stations, all within a few minutes’ walk away, providing easy access to Oxford Street and Marylebone Road. The area is also easily accessible by car.
DESCRIPTION: The unit is currently serving as a Lebanese restaurant, and is positioned on a busy street, serving residents and professionals working in the area. The property benefits from 2 toilets and a big cold room.
USES: A3 Restaurant
PREMIUM: £135,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
RENTAL: £27,000 per annum
TERMS: Our client wishes to assign his lease which has 9 years remaining.
LEGAL COSTS: Each party are to bear their own legal costs
LOCAL AUTHORITY: Westminster
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 London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
STAFF: 4 people working full-time.
REVENUE: an average of £3500 or £4000 per week.
AGENT NOTE: Marylebone Properties International for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to Marylebone Properties International.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through Marylebone Properties International by appointment only.