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South Molton Street, Mayfair, W1K

Leisure for rent

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£175,000
Per annum
SOA
Space

Status: Available

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Contact London Office quoting Ref: 17730

A3 Restaurant for rent on South Molton Street, Mayfair. The premises is arranged over the ground floor and basement and covers a total area of approximately 925 sq. ft. South Molton Street is a pedestrian precinct, lined with original Georgian houses and home to many fashion and jewellery shops. Nearby brands include Jaks restaurant, Thomas Sabo, Anoushka, and the Castle Galleries fine art gallery.

The premises has a pavement licence for outside seating. Plans have been approved by the City of Westminster for a rear extension, the amalgamation of the ground floor and basement and a full height extraction ductwork to roof level.

Planning: A3

Rent: £175,000

Premium: Offers invited

Lease: Held on a lease for a term expiring in November 2030 inside the protection of the Landlord & Tenant Act 1954 subject to a rent review in November 2020 and 2025.

Size:

Ground Floor: 475 sq ft

Basement: 450 sq ft

Total: 925 sq ft

Business Rates:

Rateable Value: £139,900.00

Rates Payable: £ 68,970.70

Legal Costs: Each party to be responsible for their own legal costs.

Notice: All photographs are provided for guidance only.

Listed Features

  • Use Class - A3
  • Basement
  • Lounge Area
  • Office
  • Period Design
  • Restaurant
  • Restaurant
  • Parking
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