Restaurant For Sale
The building is prominently located on the corner of Great Titchfield Street and Langham Street, Fitzrovia is considered as one of London`s most fashionable and popular locations for the media and entertainment industries. Nearby occupiers include; BBC, Saatchi & Saatchi and Engine Group,
The properties benefit from excellent connections with Oxford Circus, Tottenham Court Road and Goodge Street Underground stations all being within close proximity.
Communications will be improved further with the completion of the Crossrail development at Tottenham Court Road station, scheduled for completion in 2018.
Tenure: Leasehold of 125 Years
3921 sq ft, spanning over 5 floors
3 x 2 bed flats, spanning over the first second and third floors, let on AST`s
A3 Unit on the ground floor is let to a reputable Italian Restaurant, who occupy the ground floor and basement
Commercial Lease Tenure – 15 years lease remaining, with a rent review every 5 years, contracted outside the landlord and tenant act of 1954
3 x 2 Bedroom flats let at £28,600 per annum each = Total Income : £85,800 per annum
A3 Unit producing £72,800 per annum
Total Income : £158,600 per annum
Price: Price on application
Viewings: Strictly through Sole Agents: Next Property Commercial
Sean Kalsi / 0207 118 0000 /firstname.lastname@example.org
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contact, Next property have no authority to make any representation or give any warranty in relation to this property.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.