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Restaurant & Cafe

Cafe/Takeaway/Restaurant Lease Covent Garden

524sqft
London
9years, 11months
A compact kiosk-style cafe and restaurant unit extending to approximately 525 sq ft over the ground floor and basement. The 375 sq ft ground floor provides the main customer-facing trading area, while the 150 sq ft basement contains kitchen and storage space. An extraction system is already in place, although it is temporarily covered and can be reconnected if required. The property occupies a very prominent position on Kingsway in Covent Garden, close to Holborn Underground station and surrounded by offices, coffee shops, restaurants and major retailers, supporting strong weekday footfall and takeaway trade. The existing 15-year lease began in December 2021 and expires in December 2036, with a tenant-only break in December 2031. The passing rent is £60,000 per annum plus 8% of turnover, whichever is higher.

Included in the premium

The leasehold interest, fixtures and fittings.

Power & Equipment

Three phase

This kitchen supports three phase

Electric only

This kitchen does not support gas equipment

Extraction available

The space comes kitted with extraction

£60,000 p.a+VAT
Premium
£100,000 + VAT
Oya Food Vendor fee
£500 + VAT
Ref 1538
£60,000 p.a+VAT
Premium
£100,000 + VAT
Oya Food Vendor fee
£500 + VAT
Ref 1538
£60,000 p.a+VAT
Premium
£100,000 + VAT
Oya Food Vendor fee
£500 + VAT
Ref 1538