Restaurant to let

Old Compton Street W1D, London

Class E/Restaurant unit to let on Old Compton Street in Soho outside seating. The unit is located in a busy location, just a few minutes walk from Leicester Square station.The premises are arranged over the ground floor, totalling approximately 484 sq. Ft.

Planning: The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020. Interested parties should carry out their own due diligence in this regard. Premises can be used as Restaurant, Retail, Office, Gym etc.

Key points:
Late night refreshment license, only weekend
License to serve Alcohol with food - Monday to Thursday: 10:00 to 23:15 - Friday to Saturday: 10:00 to 23:45 - Sunday: 12:00 to 22:15
Permission for outside seating

Lease: It is a 5 years lease from October 2021. The lease will be extended for 5 more years from the date of expiry.

Rent: The current passing rent is £65,000 per annum exclusive until October 2023, stepping up to £75,000 and then to £78,000 in years 4 & 5.

Premium: Offers Invited

Size(approx.):
Ground floor: 484 sq. Ft.

Business Rates Payable: Tbc

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

Viewing: By appointment through Sole Agents: Next Property Commercial


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