Iconic Leasehold Bar Business Located in Kensal Green, London
Acommodation
The bar is laid out over basement, ground, first and second floors.
Ground Floor: The ground floor provides open plan trading accommodation split between public bar and Library Room (100 capacity) with attractive period features and linear bar servery and to the rear there is a dedicated restaurant area (80 capacity) which provides access onto the courtyard beer garden. At the rear of the trading area are customer toilets and the trade kitchen.
Basement: The basement provides cellar and storage.
First Floor: The first floor provides three additional trading areas. The first is a bar/nightclub space, with linear bar servery, dance floor and DJ booth. The second is a bar area with a glazed roof and vertical drinking space. The third a private dining Space (24 covers). The spaces can be operated separately or in tandem. Ancillary provision at this level includes customer toilets and cloakroom.
Second Floor: The second floor provides staff domestic accommodation comprising 1 x 2 bedroom flats and 1 x 1 bedroom flat.
External: The external there is an enclosed and heated court yard beer garden with seating for 25-30 customers.
Planning
The property is not listed.
EPC
The current EPC, rating is D and it expired on 31 August 2030.
Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol Sunday to Wednesday 12:00 to 00:00 and Thursday to Saturday 12:00 to 01:30. In addition the property has a Wedding Licence.
Rateable Value
2023 Rateable Value - £136,000
Tenure
The property is held by way of a fully repairing and insuring, free of tie lease expiring in August 2045 at a passing rent of £110,000 p.a.
The lease has provision for rent review in August 2025, upwards only to open market rental value. The lease has Security of Tenure protection under the Landlord and Tenant Act 1954.
Trading Accounts
Turnover information will be provided to seriously interested parties.
Terms
Offers are invited for the sale of the leasehold business. The leasehold will be sold including all fixtures, fitting, but excluding stock, which will be valued on the date of completion.
The on site Staff will transfer under TUPE (Transfer of Undertaken (Protection of Employment) Regulations.
Viewings
All viewings must be made by prior appointment via Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.
D (76)