Location
The premises comprise a fully fitted restaurant/bar/café with outside seating in a prominent location on the north side of Brompton Road overlooking the junction with Beauchamp Place being close Harrods, The Mantl, Hafiz Mustafa, Café de Nata and Chapati & Karak.
Accommodation
The premises are arranged on ground floor and basement having the following approximate dimensions and floor areas: –
| Frontage to Brompton Rd | 25ft | 7.62 m |
| Ground Floor Area | 2464 sq ft | 228.92 sq m |
| Basement Area | 1926 sq ft | 178.95 sq m |
The premise benefit from high level extraction, gas supply and a 3-phase electricity supply.
There is also a liquor licence in place – details upon request. Floor plans also available on request.
Terms
The premises are held on a lease for a term expiring in October 2042 subject to a rent review in October 2027 and five yearly thereafter at a passing rental of £370,000 per annum exclusive.
There is a ‘redevelopment only’ break clause in October 2032 subject to a minimum compensation sum of £925,000 to the tenant and in October 2037, subject to a compensation figure of £320,000 to the tenant.
Premium
We are instructed to a seek a premium of £500,000 subject to contract for the sale off this valuable leasehold interest to include all non-branded fixtures and fittings and the benefit of the liquor licence.
Rates
We understand that the premises are assessed for rates as follows: –
| Rateable Value | £123,000 |
| Rate in Pound | 0.555p |
| Rates Payable (2025/2026) | £68,265 |
Interested parties are advised to verify this information with the Local Rating Authority.
Viewings
The staff are unaware of the intended disposal; therefore all viewings should be arranged by prior appointment with Tim Kourides at this office.
Tim Kourides, MRICS
07799 628 860
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