Prime Piccadilly Restaurant and Bar

Price:

Leasehold - £700,000

Seller Ref:

PicadilyBiagio

Location:

London, London, Piccadilly

Business Type:

Food Service Businesses

See Other:

Restaurants for sale in London
Indian restaurants for sale in London
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Cafés for sale in London
Food service businesses for sale in London

Description:

THE BUSINESS:

CONFIDENTIAL STAFF UNAWARE
Located in Sought After Location
Long 54 Year Lease Term
License Until Midnight
Rent: £150,000 pax
Entire Building With Staff Accomodation
245 Covers
Fully Fitted To High Specification

Basement: 50 covers, karaoke room and W/C’s

Ground: Bar/restaurant area plus 65 covers

First: Dining for 80 covers

Second: 50 covers and kitchens

Third: W/C’s, stock room, walk in cold room and dry store

Fourth: Offices

Fifth: Managers flat

Location Details:

The restaurant is situated on the Southern side of Piccadilly. The area benefits from extremely high level of passing trade and is in one of London's premier tourist destinations. Nearby occupiers include; The Ritz, Fortnum & Mason, Patisserie Valerie, Itsu and Starbucks.

Lease Terms:

The property is held by way of a 54 year lease with 44 years unexpired on the term.