Chinatown B2B Document Template 20171205
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26/27 LISLE STREET PRIME A3 UNIT IN CHINATOWN LONDON NEW LEASE - NIL PREMIUM With over 150 authentic East Asian restaurants, shops, bars and cafes, Chinatown London is the number one East Asian destination in the West. As China is evolving, its traditional values are being complemented by new ideals and trends inspired by other parts of the Far East and the West. These changes are reflected in Chinatown London creating a mix of tradition and modern culture. LOCATION This restaurant is prominently located in a prime position in the heart of Chinatown London. Nearby occupiers include a host of independent restaurants: Rasa Sayang, Olle, Bao & Noodle, VietFood, Ichibuns, Shuang Shuang, XU and Baiwei. As well as being in prime Chinatown, Lisle Street sits in perfect proximity to Leicester Square via Leicester Place or Leicester Street. Transport links are excellent with Leicester Square underground station (Northern & Piccadilly lines), and Piccadilly Circus being a short walk away. DESCRIPTION This unit is offered in shell condition, with shop front, capped off services and kitchen extract duct in situ. The new shopfront has openable windows. The property is arranged over ground, basement and first floors and comprises the following gross internal area net of stairs: Ground Floor 48.7 m² 524 sq ft Basement 66.1 m² 711 sq ft First Floor 46.1 m² 496 sq ft Total 160.9 m² 1,731 sq ft TENURE The premises is available to let by way of a new effectively full repairing and insuring lease for a term to be agreed, with five yearly upward only reviews. The lease will be contracted outside the security of tenure and compensation provisions of the landlord and Tenant Act 1954 Part II (as amended). RENT Offers are invited at in excess of £175,000 per annum. As is the leasing policy of Shaftesbury, the operator will be required to put forward a percentage of turnover, such that the higher of the base rent or the percentage of turnover is payable. SERVICE CHARGE A service charge will be payable. Details available upon application. RATES The unit will be reassessed for Rating purposes following completion. Interested parties should make their own enquiries with the Local Authority. EPC An EPC will be provided for the completed scheme. FLOOR PLAN BASEMENT RESTAURANT/ RESTAURANT/ KITCHEN KITCHEN GROUND FLOOR RESTAURANT RESTAURANT FIRST FLOOR RESTAURANT RESTAURANT LICENSE/PLANNING The premises benefits from A3 planning use and a Premises licence allowing the sale of alcohol until 12.30 am Monday to Saturday and midnight on Sunday. Standard restaurant conditions apply, full details will be provided on request. FRITH STREET CHARING CROSS ROAD DEAN STREET ROMILLY STREET GERRARD PLACE NEWPORT PLACE HORSE & MACCLESFIELD STREET DOLPHIN YARD NEWPORT COURT SHAFTESBURY AVENUE LITTLE NEWPORT STREET DANSEY PLACE LEICESTER COURT GERRARD STREETCHINA EXCHANGE LEICESTER LEICESTER PLACE WARDOUR STREET SQUARE LISLE STREET RUPERT STREET LEICESTER STREET RUPERT COURT HOTELS PICCADILLY SHOP LEICESTER SQUARE SHAFTESBURY AVENUECIRCUS RESTAURANT/CAFÉ/BARS/PUBS BANKS/FINANCIAL LEISURE THEATRES VIEWING Hanover Green Retail Emma Flather Tel: 020 3130 6422 020 3130 6400 [email protected] WWW.HANOVERGREEN.CO.UK CDG Leisure Salvatore Di Natale Tel: 020 7100 5520 020 7100 5520 WWW.CDGLEISURE.COM [email protected] Misrepresentation Act 1967 Hanover Green Retail and CDG Leisure and their clients give notice that: i) These particulars do not form part of any offer or contract and must not be relied upon as statement or representation of fact. ii) No person in the employment of the agents has any authority to make or give any representation or warranty whatsoever in relation to this property. iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents, or outgoings quoted are exclusive of VAT. iv) Any descriptions given of the property cannot be taken to imply, it is in good repair, has all necessary consents, is free of contamination, or that the services and facilities are in working order. Interested parties are advised to carry out their own in investigations as required..