Prominent end of terrace corner restaurant available on a new lease
Description
A prominent end of terrace corner property which benefits from frontage onto Cambridge and Hugh Street.
The property has painted brick elevations with wooden bi-folding doors to the front and side. The demise occupies the ground and basement of a three storey building and the residential upper floors are not included.
The ground floor comprises an open plan trading area with a bar servery to the rear. There is a dumbwaiter to the rear of the ground floor, accessing the kitchen at basement level.
The basement is accessed by two interior staircases and comprises an additional trading area with a central bar servery, ladies and gentleman’s customer toilets, trade kitchen with dumbwaiter, staff room and staff toilet. Three pavement vault arches have been converted into
seating areas and provide seating for approximately 24 covers.
Tenure
A new free of tie lease is available with rental offers invited in the region of £50,000 pax and terms to be agreed. VAT and Stamp Duty Land Tax may be applicable.
Planning
The property is administered by the City of Westminster. We understand the property is situated within the Pimlico Conservation Area. The subject property is not listed.
Licensing
The property has a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the
following hours:
Monday - Saturday 12:00 - 23:00
Sunday 12:00 - 22:30
The Business
The property is currently closed and no trading information is warranted or sold.
Rating
The subject property is entered in the 2017 Rating List with a Rateable Value of £44,000.
Fixtures & Fittings
There are no fixtures or fittings with the exception of fixed banquette seating in the basement trading area.
Energy Performance Certificate
An EPC rating of 123 (E) has been calculated.
Viewing
For a formal viewing, by appointment of Savills.
EPC Rating is E (123)
Floor / Unit | Type | Size | Status |
---|---|---|---|
Ground | - | 678 sq ft | Available |
Basement | - | 1149 sq ft | Available |