Prime Restaurant Lease Available in Affluent North West London Suburb
With Additional Outdoor Seating Available (Subject to Licence)

LOCATION
St John’s Wood is an affluent upmarket location in North West London. The premises occupy a prominent position, on Allitsen Road, just off the High Street. This is in close proximity to The Ivy, Orée, Zadig & Voltaire and At Feast.

TERM
A full repairing and insuring lease, for a term of 20 years from 25 November 2015, subject to 5-yearly upward only rent reviews in November 2025 and 2030. The lease is protected by the Landlord and Tenant Act 1954, provisions relating to Security of Tenure.

RENT
£76,000 pax.

PREMIUM
Nominal.

LICENCE
Monday to Saturday  10:00 to 00:00
Sunday                          12:00 to 23:30
Full licence available upon request.

ACCOMMODATION
The premises are arranged over ground and basement, with the single storey extension at the rear providing high ceilings and excellent natural light. There is an opportunity for further external seating in the parking bay at the front of the premises. It comprises the following approximate gross internal floor areas:;

Ground Floor Sales                1,028 Sq Ft / 96 sq m
Basement                                 565 Sq Ft / 53 sq m
Total                                          1,593 Sq Ft / 149 sq m

RATES 2024/25
Rateable Value:                                                £30,250
Rates payable (UBR multiplier: £0.519):  £15,699

A business may be entitled to 75% off the chargeable amount, up to a figure of £110,000, from 1 April 2024 to 31 March 2025. All interested parties should verify the business rates with the relevant local authority.

VIEWING
By appointment with sole agents Stephen Kane & Company.

Marketing Details