A3 Restaurant in Charlotte Street, Fitzrovia – potential garden
A splendid Restaurant on Charlotte Street in Fitzrovia with a Potential Garden. The premises are arranged over the ground floor, approximately 521 sq.ft. and the basement, approximately 477 sq. ft., totaling 998SQ.FT.
Currently trading as a Filipino restaurant, the shop can be converted into various typologies.
The restaurant befits also from outside area and a conservatory at the back.
The back of the property can also go to some refurbishment and been converted into an open garden.
Charlotte Street is a street in Fitzrovia, central London. Also, the southern half of the road has many restaurants and cafes, and a lively nightlife; while the northern part of the road is more mixed in character, and includes the large office building of the advertising agency Saatchi & Saatchi, and a University College London student hall of residence, Astor College. The road has a significant residential population living above the ground floor.
In addition the road is served by various stations. The Crossrail is also coming and will stop at Tottenham Court Road. The Elizabeth Line will improve the transport in London and will bring more than 2M extra people in the area.
Why invest here
-The Cross Rail is soon to open in the area and is bringing around 20M extra people in the area, per year.
-Charlotte Street is evaluated to become pedestrian. Once the project goes ahead, the street will become a magnet for patrons to spend their meals and nights out here.
-Charlotte Street benefits from a strong footfall and is well-known worldwide for the quality of the nights out.
- RENT: £57,000 pa
- BUSINESS RATES: £26,500 pa
- LEASE: Twenty years from the 25th December 2015, with a rent review every 4 years, contracted inside the Landlord and Tenant Act of 1954.
- STOCK: Part of a separate negotiation