Description:

Ground Floor:
The premises are in good repair and decor and is currently trading as a modern style bar with a small preparation area to the rear with a large extraction duct ready for a restaurateur to refit the kitchen that was in situ previously in the past.
Basement:
In a good repair and condition, providing additional covers and storage areas

Location

The premises are situated on an excellent position on Old Compton Street in the heart of the ever trendy and busy area of Soho. Leicester Square (Northern Line/Piccadilly line), Covent Garden (Piccadilly Line) and Piccadilly Circus (Piccadilly Line) underground stations are all within minutes walking distance from the subject premises. Nearby operators include Patisserie Valerie, Muriel's Kitchen, Costa Coffee, Balans, Cafe Nero and Cote to name but a few.

Tenure

We are offering an assignment of the existing Full Repairing and Insuring lease for a term 24 years expiring on July 2021 subject to 4 yearly rent reviews. It is understood that the lease is granted in-side the security of tenure provisions of the Landlord and Tenant Act 1954.

Additional

The premises benefit from A3/A4 planning permission and there is a premises license in place allowing the sale of alcohol without the need to have a table meal every day of the week until 12am.

Offers in the region of £300,000.00