From
£40,000 pa
(£123.08/sq. ft. pa)
Retail premises to let351 West End Lane, London NW6
From 325 - 1,095 sq. ft
Just added
About this property
Fully equipped restaurant, including all kitchen equipment, fixtures & fittings
Large fitted commercial kitchen
Fully equipped bar area and alcohol licence
Currently trading seven days per week
Spacious basement offering additional operational space
Suitable for various restaurant concepts, particularly Turkish, Chinese or Italian cuisine
Potential for a bakery concept, subject to the necessary permissions and consents
Ready for an incoming operator to take over with minimal additional investment
Estimated Rates Payable: £11104
Description
The premises comprise of an established corner restaurant premises on ground and basement floors.
There is a small forecourt seating area leading to the main restaurant having a front seating area of 26-28 covers, communicating to a separate rear dining area also used for a private dining and function room comfortably seating 25 -30 guests.
This is a lovely feature of the restaurant, offering a warm, cosy and welcoming atmosphere, ideal for private celebrations, family gatherings and special occasions
The Basement area which is accessed by a staircase at the front entrance to the restaurant, comprise a large fitted kitchen plus a storeroom and a passage leading to the separate Men's and Ladies WC's and Washrooms.
The premises are held on as Full Repairing & Insuring Lease granted within the Landlord & Tenant Act 1954 for a term of 20 years from the 1st March 2023 subject to 5 yearly rent reviews with approximately 16 years remaining, at a current passing rent of £40,000 per annum exclusive. The lease was renewed in 2023 for a further 20 years, as the current Tenants have been established at the premises for many years.
Location
The restaurant occupies an attractive corner position at the junction of West End Lane and Cannon Hill being close to the main Finchley Road, in the heart of West Hampstead.
The area is known for its lively atmosphere, popular cafés, restaurants and local shops. The premises benefit from good visibility, an appealing frontage and excellent transport links, making it a convenient location for local residents and visitors alike.”
Premium
£135,000 for the Lease, Goodwill, Equipment and Fixtures & Fittings.
The premises comprise of an established corner restaurant premises on ground and basement floors.
There is a small forecourt seating area leading to the main restaurant having a front seating area of 26-28 covers, communicating to a separate rear dining area also used for a private dining and function room comfortably seating 25 -30 guests.
This is a lovely feature of the restaurant, offering a warm, cosy and welcoming atmosphere, ideal for private celebrations, family gatherings and special occasions
The Basement area which is accessed by a staircase at the front entrance to the restaurant, comprise a large fitted kitchen plus a storeroom and a passage leading to the separate Men's and Ladies WC's and Washrooms.
The premises are held on as Full Repairing & Insuring Lease granted within the Landlord & Tenant Act 1954 for a term of 20 years from the 1st March 2023 subject to 5 yearly rent reviews with approximately 16 years remaining, at a current passing rent of £40,000 per annum exclusive. The lease was renewed in 2023 for a further 20 years, as the current Tenants have been established at the premises for many years.
Location
The restaurant occupies an attractive corner position at the junction of West End Lane and Cannon Hill being close to the main Finchley Road, in the heart of West Hampstead.
The area is known for its lively atmosphere, popular cafés, restaurants and local shops. The premises benefit from good visibility, an appealing frontage and excellent transport links, making it a convenient location for local residents and visitors alike.”
Premium
£135,000 for the Lease, Goodwill, Equipment and Fixtures & Fittings.
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