Description:

The premises are in a very good state of repair and currently trading as an authentic Chinese Restaurant with the dining areas situated both on the ground and 1st floors. The 2nd and 3rd floors are residential use, housing 5 separate studio flats which are currently being occupied by staff. The basement houses the fully fitted kitchen area, wc facilities, and ample storage areas.

Location

The premises are prominently situated in a very good position on Lisle Street in the heart of Chinatown, Soho, benefitting from huge amounts of pedestrian traffic day and night, 7 days a week. Nearby occupiers include the Imperial China, The Tokyo Diner, Slug & Let-tuce, to name but a few. Also nearby is the Leicester Square Theatre, The Premier Inn Hotel, and Leicester Square underground station (Northern & Piccadilly Line) is a mere 5 minute walk away.

Tenure

We are offering an assignment of the existing Full Repairing and Insuring lease for a term expiring on 18/8/2032, subject to 5 yearly rent reviews. The next review is on 17/8/2017.It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant Act 1954.

Additional

The premises benefits from A3 planning use and a premises license is in place allowing the sale of alcohol with the standard restaurant conditions until 11.30pm every day of the week.

Offers in the region of £320,000.00