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Five-Storey Covent Garden Townhouse, Accommodates 200, Available for Sale

Undisclosed

CONFIDENTIAL SALE

  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Fully Fitted
  • Town Centre location

Business Details

Five storey Townhouse in the Heart of Covent Garden

• Arranged over 5 levels
• High specification fit-out
• Accommodating 140 covers internally and 60 covers externally
• Nearby operators include Cote, The Ivy and Wagamama amongst others.
• Rent: £250,000 PAX
• Consideration: Offers in the region of £850,000
• NIA: 5,015 Sq Ft.
• Premises License: Mon-Thu 08:00-23:30; Fri-Sat 08:00-00:00; Sun 10:00-22:30
 

Nestled in in the vibrant and historic area of Covent Garden. Near Covent Garden (Piccadilly line) and Charing Cross underground stations (Bakerloo and Northern Lines). Nearby operators include Cote, The Ivy and Wagamama amongst others.

 

The property is held by a Full Repairing and Insuring Lease for a term of 10 years with 6.5 years unexpired and tenant option to renew for additional 5 years. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted outside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.

 

 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Five storey Townhouse in the Heart of Covent Garden - Henrietta Street / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.