Belgrave Gardens St Johns Wood London NW8

Restaurant Lease – For Sale

Location:  Situated on  Belgrave Gardens close to the junction with Abbey Road offering easy access towards the West End or West Hampstead.

Description:  A ground floor premises currently trading as a fully fitted restaurant in St Johns Wood, approx. 624 sqft benefiting from high ceilings, additional storage front forecourt and fully fitted kitchen.

Inventory available upon request.

The property is available by way of a lease assignment being  15 years from May 2016 with approx 6 years remaining.

An early viewing is strongly advised.

TERMS:

Rent:                               Passing rent £27,000 pax

Premium:                      Offers sought £75,000 for fixtures,fittings and goodwill.

Lease:                             Available by way of 15 year lease from 2016 approx 6 years remain unexpired.

Business Rates:          Rateable Value for 2025/26 is currently £24,000 pa.

All interested parties should make their own enquiries either via City of Westminster or via www.voa.gov.uk.

CEPC:                            C Rating (64) valid until 27/01/35

Legal Costs:               Each party to be responsible for their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                      Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net