295 (2)
Description: Ground floor: The premises are fully fitted as an authentic style Thai restaurant it is in extremely good condition with a fully functioning bar to the rear. It is laid out to accommodate approx. 50 covers.
Frith Street
Soho, W1D 4SF Lease Assignment Price Reduction
Basement: This consists of a fully fitted kitchen with ladies’ toilets and an area for private function parties with approx 20-25 covers. The basement also includes pavement storage vaults. First Floor: the premises are separated into two rooms one being a large storage area and one being a room accommodating a further 30 covers.
Floor Areas: Ground Floor Basement First Floor Second Floor Third Floor Total
500 Sq Ft 650 Sq Ft 600 Sq Ft 600 Sq Ft 600 Sq Ft 2950 sq. ft.
Tenure: We will be offering an assignment of the existing Full Repairing and Insuring lease to expire in 8 years. With 5 yearly rent reviews. It is understood that the lease is drawn inside of the tenure and provisions of the Landlord and Tenant Act 1954 part 2 as amended.
Rent: At a passing rent of £100,000.00
Premium: Offers in the region of £385,000.00
License/Planning:
Location: The property is located on Frith Street in the heart of Soho, immediately adjacent to the famous Ronnie Scott’s close to its junction with Old Compton Street. It is seconds away from Nandos, Cafe Nerro and Pret a Manger. The area benefits from high levels of passing trade and is considered to be extremely busy day and night and very highly sought after.
It is understood the premises benefits from an alcohol licence allowing the sale of alcohol with the need to supply a meal until midnight every day of the week.
Confidentiality: This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.
Holding Deposit: Viewings: Through the vendors sole agents: Cedar Dean Gilmarc Attention of Kiren Dhesi 17 Cavendish Square, London, W1G 0PH T: 020 7100 5520 F: 020 7100 5530 E: [email protected]
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the Cedar Dean Gilmarc client account.
VAT: All rent and prices quoted may be subject to VAT.
Possession: Immediate upon completion of all legal formalities.
The particulars are set out as a general outline only for the guidance of intending purchasers or lessee and do not constitute nor constitute part of an offer or contract. They are issued without responsibility on the part of the Vendor, Cedar Dean Gilmarc Ltd or any of their respective employees or Agents. All descriptions dimensions references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection independent advice or otherwise as to the correctness of each of them. No person in the employment of Cedar Dean Gilmarc or their Agents has any authority to make or give any representation or warranty whatever in relation to this property.
Frith Street
Soho, W1D 4SF Lease Assignment Price Reduction
Basement: This consists of a fully fitted kitchen with ladies’ toilets and an area for private function parties with approx 20-25 covers. The basement also includes pavement storage vaults. First Floor: the premises are separated into two rooms one being a large storage area and one being a room accommodating a further 30 covers.
Floor Areas: Ground Floor Basement First Floor Second Floor Third Floor Total
500 Sq Ft 650 Sq Ft 600 Sq Ft 600 Sq Ft 600 Sq Ft 2950 sq. ft.
Tenure: We will be offering an assignment of the existing Full Repairing and Insuring lease to expire in 8 years. With 5 yearly rent reviews. It is understood that the lease is drawn inside of the tenure and provisions of the Landlord and Tenant Act 1954 part 2 as amended.
Rent: At a passing rent of £100,000.00
Premium: Offers in the region of £385,000.00
License/Planning:
Location: The property is located on Frith Street in the heart of Soho, immediately adjacent to the famous Ronnie Scott’s close to its junction with Old Compton Street. It is seconds away from Nandos, Cafe Nerro and Pret a Manger. The area benefits from high levels of passing trade and is considered to be extremely busy day and night and very highly sought after.
It is understood the premises benefits from an alcohol licence allowing the sale of alcohol with the need to supply a meal until midnight every day of the week.
Confidentiality: This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.
Holding Deposit: Viewings: Through the vendors sole agents: Cedar Dean Gilmarc Attention of Kiren Dhesi 17 Cavendish Square, London, W1G 0PH T: 020 7100 5520 F: 020 7100 5530 E: [email protected]
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the Cedar Dean Gilmarc client account.
VAT: All rent and prices quoted may be subject to VAT.
Possession: Immediate upon completion of all legal formalities.
The particulars are set out as a general outline only for the guidance of intending purchasers or lessee and do not constitute nor constitute part of an offer or contract. They are issued without responsibility on the part of the Vendor, Cedar Dean Gilmarc Ltd or any of their respective employees or Agents. All descriptions dimensions references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection independent advice or otherwise as to the correctness of each of them. No person in the employment of Cedar Dean Gilmarc or their Agents has any authority to make or give any representation or warranty whatever in relation to this property.
