Restaurant for Sale in Soho, London

  • Leasehold £175,000
  • £45,000/Annum
Soho, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Soho, London

Soho, London, UK
  • Leasehold £175,000
  • £45,000/Annum

Description

Popular Restaurant for Sale in Soho, London


Rent: £45,000 PAX | Circa 789.74 Sq. ft (two floors) | Lease: Ending Jan 2026 (Inside LTA)


MAIN FEATURES

  • Sought-after location in Soho
  • Newly fitted out Restaurant
  • Spread over two floors
  • Ventless Extraction in place
  • No Gas, Electric only
  • Circa 789.74 Sq. Ft (Ground Floor & Basement)

LEASE DETAILS 

  • Lease Ending January 2026 (Inside the LTA 1954)
  • Current Rent: £45,000 PAX
  • Next Rent Review: January 2026
  • Premium: £175,000 (Lease and fixtures & fittings)

PREMISES

  • Total Area Circa 789.74 Sq. Ft
  • Ground floor: Circa 329 Sq. Ft
  • Basement: Circa 460 Sq. Ft
  • Circa 36 (Ground Floor 18 | Basement 18)
  • Benefits from Ventless Extraction
  • No Gas, Electric only
  • Alcohol Licensing Hours: 10am till 11:30pm, Fri:12am, Sun:10:30pm
  • Rateable Value: 31,000
  • Payable Business Rates: Circa £15,469/year

THE LOCATION

  • Berwick Street, Soho, W1F
  • Sought-after location
  • 0.4 mile from Piccadilly Circus
  • 0.6 mile from Oxford Circus
  • Immediate units occupied by independent retailers

TRADING

  • Currently trading as an Italian Restaurant
  • Potential to open as a Cafe
  • Gross Sales: Circa £650,000/annum | £12,500/week (as per the seller)
  • Opening Hours: 5pm till 11pm (Sunday & Monday Closed)
  • Potential to open longer hours and increase revenue

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Details

Updated on September 26, 2023 at 10:10 am
  • Price: Leasehold £175,000
  • Size: 789.74 Sq. ft
  • Covers: 36
  • Use: Restaurant/Cafe
  • Type: RESTAURANTS, CAFES
  • Status: AVAILABLE

Overview

  • RESTAURANTS, CAFES
  • Type
  • 789.74
  • Sq. ft

Contact Information

RPS_Agent
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