Cleveland Street, London W1T

  Ref 024019    

Cleveland Street, London W1T

Ref 024019

  • £50,000 pa  

    To Let

    £50,000 pa  

    To Let

  • Description

    Long established restaurant (circa 35 years) offering Mediterranean cuisine and arranged over raised ground floor and lower ground floor with the kitchen on the ground floor and a dumb waiter leading to the lower ground floor where a cold-room and wash-room is located. The lower ground floor also houses 48 covers, fully fitted bar area and male/female WC’s and the ground floor has a further 26 covers plus 8 al fresco covers to the front of the premises. The property is offered with all fixtures, fittings and equipment and is air conditioned. (None of the equipment has been tested by Claridges).

    Gallery

    Areas

    Ground floor 570 sq ft 52.99 sq m
    Basement 514 sq ft 47.81 sq m
    Plus WC’s
    Total area 1084.91 sq ft (100.8 sq m)

    Lease

    Held on an 8 year lease from 24th June 2013 (expires 23rd July 2021) at £50,000 pa with 4 yearly rent reviews. We understand that this lease is within the Landlord & Tenant Act 1954.

    £60,000 is sought for the goodwill, fixtures, fittings and equipment.

    Location

    Situated on Cleveland Street which is adjacent to the BT Tower between Maple Street and Howland Street. The premises are roughly equidistant from Great Portland and Goodge Street underground stations and is over the road from the University of Westminster. This is a densely populated area both with offices, residential, educational and retail concerns.

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    To Let

    £50,000 pa