Property description
A3 Building Lease for Sale with part residential, set over 4 Floors - Situated in the heart of Soho, Old Compton Street is located within a large selection of up market restaurants, bars and cafes. Rent £109,000 pax - Premium Offers Invited
Several underground stations are located nearby such as Leicester Square, Oxford Circus and Piccadilly
Covers - 80 - 90 covers, with the potential to increase further, alcohol license and license for two tables outside, with potential to seat more
Sizes
Basement - 457 sq ft - Restaurant, internal vault, toilets
Ground Floor - 578 sq ft - Restaurant/Kitchen
1st Floor - 354 sq ft - Restaurant
2nd Floor - 429 sq ft - Staff rooms and toilets
Total - Approx 1818 sq ft
2nd and 3rd Floor - A two bedroom maisonette
Lease- 25 Year lease, with 5 yearly rent reviews, commencing September 1993, expiring September 2018 (inside the provisions of The 1954 Landlord and Tenant Act)
Rent £109,000 per annum
Premium - Offers Invited
OPTION - To purchase existing company under the head lease -
EPC : To be provided in due course
Legal Costs - Each party to bear their legal own costs
Viewing - Strictly through Agents - Next Property Commercial / Sean Kalsi 0207 118 0000 / 07985 148 148 / sean.kalsi@nextpropertycommercial.co.uk / George Smith 07739864271 / george.smith@nextpropertycommercial.co.uk
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.