Lease Assignment £71,500 pax - Commercial, Retail/Shop
Belsize Terrace Belsize Park London NW3 4AX
Fully Fitted Restaurant – Lease Assignment/Lease For Sale.
** Confidential Sale – Staff Unaware ** Viewings By Appointment Only **
Location: The property is located in a cul-de-sac off Belsize Park and Belsize Avenue, the unit is surrounded by a number of independent traders. There is a paved pedestrian area at top of Belsize Terrace leading through to Belsize Lane. The property is within close proximity to both Belsize park (Northern Line) and Swiss Cottage (Jubilee Line) Underground Stations.
Description: A bright split level ground floor restaurant premises with basement kitchen area, GIA approx. 1,806 sqft (167.80sqm) currently trading as a restaurant with approx. 80 covers. The property was refurbished a few years ago and is in good condition, benefitting from glass roof sections.
Available by way of a lease assignment being 15 years from 2019 approx 11 years remaining.
VAT is applicable.
Floor plans available upon request.
An early viewing is strongly advised.
Rent: £71,500 pax plus VAT.
Premium: Offers sought in region of £175,000 for fixtures , fittings and goodwill. Full inventory to be provided.
Business Rates: All interested parties should make their own enquiries either via London Borough of Camden or via www.voa.gov.uk.
EPC: C rating (65) valid until October 2025.
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: All viewings strictly by appointment only through owners agents Grovelands 020 8731 9777 www.grovelands.net