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Restaurant With Basement Storage, 155 Camden High Street, Camden, NW1 7JY

1,050 Sq Ft / Leisure / Restaurants / Cafes

To Let - £65,000.00 per annum

Under Offer - Last updated: 03 June 2024

The premises occupy the ground floor and basement of a mixed-use, early 20th Century, 3 storey terrace building. The fully glazed frontage leads to an open plan restaurant seating area for approximately 24 covers.

To the rear of the premises is a serving bar commercial kitchen, fitted with full extraction. The premises also benefits from a basement with good ceiling height, current access is via a trapdoor and ladder.

Location

The premises are situated on the westerly side of Camden High Street, south of the junction with Parkway and Greenland Road and opposite to the junction with Greenland Street.

Other local businesses include Pret-A-Manger, Tapioc Wraps, Chicken Shop, Tortilla Camden, Wasabi Sushi & Bento, MacDonalds, Greggs, Tesco Express, M&S Simply Food, Vodafone, Boots, Estee Lauder, Ultimate Craft, Ryman Stationary, TK Maxx, Nationwide Building Society and Lloyds Bank. Public transport is accessed via Camden Town Tube Station (Northern line).

Accommodation

Ground Floor Restaurant - 686.00 sq ft (63.73 sq m)

Basement Storage - 364.00 sq ft (33.82 sq m)

TOTAL - 1,050.00FT² (97.55M²)

Terms

LEASE TERMS: Sub-Lease to mirror the Superior Lease for a remaining term of approximately 9 years.

RENT: £65,000.00 per annum / Premium £90,000

RATES:

Rateable Value £79,500 per annum
Rates Payable £40,704 per annum

(Rates for entire building, shop rates to be apportioned).

NB - We strongly advise you to verify the rates with the London Borough of Camden's Business Rates department on 0207 974 6460.

LEGAL COSTS: Each party to be responsible for their own legal costs.

VAT: The premises is elected for VAT

EPC: Available upon request

POSSESSION: Full vacant possession immediately on completion of legal formalities

Specification

  • Dining area for approx. 24 covers
  • Open plan commercial kitchen
  • Commercial extraction
  • Customer W/C
  • Basement storage

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £65,000.00 per annum

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Agency Team

Knight Commercial London

020 3369 0656



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