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Restaurant Lease for Sale, Notting Hill Gate, W8

Part R.G.F. 28-30 L.G.F. 28-32 Uxbridge Street, Notting Hill Gate, London, W8

Sold - March 2015
Restaurant Lease for Sale, 28-32 Uxbridge Street, Notting Hill Gate, London, W8

Situation & Location

The property is situated on the northern side of Uxbridge Street, at the junction with Hillgate Street, immediately to the south of Notting Hill Gate. Restaurants and pubs represented in Uxbridge and Hillgate Streets include Geales Fish Restaurant; The Malabar; Eat Tokyo; Mazi; The Uxbridge Arms and The Hillgate. View location map.

Description & Accommodation

The property comprises a single fronted raised ground floor restaurant with additional dining facilties at lower ground floor level, along with kitchens, storage and staff areas. Approx 70 covers in total. Floor areas are as follows:-

The approximate net floor areas are as follows:

GF Dining room 369 sq ft 34.3 sq m
LGF Dining room 280 sq ft 26 sq m
LGF Dining room 252 sq ft 23.5 sq m
LGF Kitchen 277 sq ft 25.7 sq m
LGF Staff & Stores 262 sq ft 24.4 sq m
Total 1,440 sq ft 133.9 sq m

Terms

Premium offers are invited for an assignment of our Client's leasehold interest expiring 22.10.2017 FR&I terms subject to schedule of condition. Rent £38,752 per annum.

Legal & Other Professional Costs

Each party to bear their own costs; assignor to bear Landlord's costs in connection with Licence to Assign; assignee to bear Landlord's costs in connection with any Licence to Alter.

Energy Performance Certificate

Copy EPC and recommendations available on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £ 24,750 and the rates payable for the current year ending 31/03/15 are £11,657. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.

VAT

Not currently applicable.

Contact

Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@jmwbarnard.com

Important Notice: Measurements are approximate and no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No representation or warranty is given either during negotiations, in particulars, or elsewhere. Unless otherwise stated all rents and prices are exclusive of VAT, where applicable.

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