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Old Compton Street, London, W1D
££96,500 per annum
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Old Compton Street
London, W1D
££96,500 per annum
Restaurant To Let
Fully Fitted Restaurant Lease for Sale with part residential - Situated in the heart of Soho, Old Compton Street is located within a large selection of up market restaurants, bars and cafes. ** Confidentially Available **
Several underground stations are located nearby such as Leicester Square, Oxford Circus and Piccadilly
Licenses: Playing of Recorded Music Late night license on weekend Private Entertainment consisting of dancing, music Sale by Retail of Alcohol
Sizes Basement - 256.72 sq ft Ground Floor - 375 sq ft 1st Floor - 298 sq ft 2nd Floor - 650 sq ft 3rd Floor - 500 sq ft Total Size - Approx - 2080 sq ft
Lease- Assignment of 31 year lease from 2009, with 5 yearly rent reviews, (inside the provisions of The 1954 Landlord and Tenant Act). The next rent review is in June, 2025.
Rent: £96,500 per annum
Premium - £450,000
Business Rates payable: £30,996 per annum approx.
Legal Costs - Each party to bear their legal own costs
Viewing - Strictly through Agents - Next Property Commercial
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Old Compton Street, London, W1D
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OUR STANDARD TENANCY FEES
Landlord Fees
This Schedule shows all fees of Next property states prior to the start of the Tenancy and during the Tenancy that may be charged to the Landlord
Letting, rent collection and renewal service for tenancies of 3 months or more (inclusive of applying for consents, key holding, notification of utility companies, rent statements to Landlord and/or accountant, negotiating dilapidations at the end of tenancy): 10% + VAT (12%)
Letting and renewal service for tenancies 3 months or less: 15% + VAT (18%)
Management, letting and renewal service: 15% + VAT (18%)