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Licensed A3 Restaurant to Let - New Lease Available, Bayswater, W2

Ground Floor & Basement, 16 Garway Road, Bayswater, London W2

Under Offer
Licensed A3 Restaurant to Let / Rent, 1,249 sq ft (116 sq m), Ground floor & basement, 16 Garway Road, Bayswater, London W2

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Situation & Location

The property is situated on the side of western side of Garway Road, close to the junction with Westbourne Grove, where a number of well known restaurants are represented including Khans, Farmacy, Byron, Gourmet Burger and Sushi Shop. View location map.

Description & Accommodation

The property comprises a self contained ground floor and basement restaurant unit providing accomodation with the following approximate net areas:-

Ground floor dining room 471 sq ft 43.8 sq m
Raised ground floor kitchen 105 sq ft 9.8 sq m
Lower ground floor dining room 256 sq ft 23.8 sq m
Basement Ancillary Office and Stores 417 sq ft 38.75 sq m plus M&F WC’s
Total Dining Area 727 sq ft 67.6sq m
Total Ancillary 522 sqft sq ft 48.55 sq m

Terms

A new lease is available for a term of up to 15 years.

Rent

£45,000 per annum A premium of £25,000 is sought.

Common Expenses

The tenant will contribute a reasonable proportion of the cost of maintaing and insuring the overall building structure.

Licensing

The property has the benefit of the following premises licence:
Late Night Refreshment Monday to Saturday:23:00 to 00:30 Sunday:23:00 to 00:00
Private Entertainment consisting of dancing, music or other entertainment of a like kind for consideration and with a view to profit: Unrestricted
Sale by Retail of Alcohol Monday to Saturday:10:00 to 00:00 Sunday:12:00 to 23:30

Legal Costs

Each party to bear their own legal costs in connection with the grant of the lease; incoming tenant to bear both parties professional fees in connection with any Licence to Alter.

Energy Performance Certificate

An EPC has been commissioned and copy certificate and recommendations are available on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £25,250 and the rates payable for the current year ending 31/03/18 are £10,885. Interested parties should make their own enquiries and confirm: - Interested parties should make their own enquiries and confirm: City of Westminster 0208-315-2050.

VAT

Will not apply.

Possession

Immediate upon completion of legal formalities.

Contact

Jeremy Barnard or Roger Painter
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: rp@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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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956