A3 Restaurant to Let - New Lease, W2
Ground Floor & Basement, 19 Westbourne Grove, London, W2
Situation & Location
The property is situated on the side of southern side of Westbourne Grove, close to the junction with Queensway . Other businesses located in this long established restaurant destination include Khans, Banana Tree and Lokkanta. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement restaurant providing the following approximate floor areas:-
Internal Width 13’2” (4m) widens to16’7” (5m) Shop and Built Depth 47’ (14.33m)
| Ground floor sales/dining | 673 sq ft | 62.5 sq m |
| Basement ancillary plus M&F WC’s | 685 sq ft | 63.7 sq m |
| Total | 1358 sq ft | 126.2 sq m |
Rent
£68,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
Lease
A new effectively full repairing and insuring lease is available for a term of up to fifteen years.
Common Expenses
Tenant will contribute fair proportion of the cost of maintaing and insuiring the building structure.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
Energy Performance Asset Rating 65 (Band C). Copy certificate and recommendations on request.
Licensing
Current licence for retail sale of alcohol Mon-Sat 11.00-23.30; Sun 12.00-22.30. Late night refreshment Mon-Thurs 23.00-23.30 Fri-Sat 23.00-00.00.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £35,750 and the rates payable for the current year ending 31/03/19 are £17,160. Interested parties should make their own enquiries and confirm: - City of Westminster business rates department 020 8315 2050.
VAT
The property is not currently VAT opted.
Possession
Immediate upon completion of legal formalities, from 3rd August 2018 onwards.
Contact
Jeremy Barnard
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@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.
