Property Listing Details

Property details

Description

2,150 sq ft (199.74 sq m) Guide price £165,000 per year 9-10 Market Place Oxford Circus, W1W 8AQ Leisure 2,150 sq ft (199.74 sq m) Share Save FITTED WEST END RESTAURANT WITH LARGE OUTSIDE TERRACE About this property Description The property will be handed over fitted with restaurant infrastructure including kitchen extraction, A/C and dumb waiters. The kitchen, W/Cs, storage and staff areas are located in the basement. The ground floor is currently arranged as trading space. The frontage has full height bifold doors which leads on to the outside terrace and the historic licence allows for over 35 seats on the terrace. Rent Offers in the region of £165,000 per annum. Tenure A new lease is offered for a term of 15 years outside the Landlord and Tenant Act with five yearly upward only reviews to open market value. Rates The current rateable value is £162,000 (1 April 2023 to present). Local information The property is located on the north side of Market Place, close to Oxford Circus at the southern end of Great Portland Street. Market Place is an attractive enclave of restaurants and shops moments from the activity of Oxford Street from where it is able to draw shoppers stopping for lunch on weekdays and weekends, while also being well located for the office workers of Fitzrovia and Soho at lunch time and after work during the week. Carmel, the Middle-Eastern inspired restaurant from Queens Park, is opening imminently next door. The landlord, Woven Spaces, are experts in placemaking, enhancing this unique and characterful West End restaurant enclave. Available space Name sq ft sq m Ground 987 91.70 Basement 1,163 108.05 Contact an agent George Collison London (Retail) +44 (0) 7590 329 557 Contact now Josh Leon London (Retail) +447951023263 Contact now Request details Download PDF brochure

The Agent

Price history

12-Mar-2024 £13,750 PCM First listed

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