Belsize Lane, NW3

A unique opportunity to acquire a fully fitted restaurant situated in the heart of Belsize Village, one of North West London’s most desirable and affluent neighbourhoods.
Set within a thriving local community in Belsize Park, the village enjoys high footfall and a loyal local customer base, enhanced by the area’s boutique café culture and demand for a high quality dining experience.
The restaurant currently operates as an Indian restaurant and is offered fully furnished and ready to trade, with the option to rebrand or introduce a new cuisine, subject to permissions. Open-plan seating area leading to a bar and serving counter. Basement: Fully equipped kitchen, ladies’ and gents’ WC facilities
o Total Covers: Approx. 62
o Indoor: 42 covers
o Outdoor forecourt: 12 covers
o Pavement seating: 8 covers
o Net Internal Area: 108.6 m² (1,169 ft²) approx.
o Lease: Assignment of an existing long lease with approx. 17.5 years remaining
o Rent: £40,000 per annum * Premium: £60,000

Here is a rare opportunity to acquire a boutique restaurant in one of the most popular location in Belsize Park. The restaurant can accommodate in the region of 42 covers with an outdoor seating which can accommodate 8 customers, and the forecourt can seat an additional 12, totalling 62 covers. . The shop benefits from an open plan seating area which leads into a bar/serving area. The kitchen and ladies/Gents WC located in the basement.
Currently trading as an Indian restaurant and comes fully furnished.

Conditions:
Tenant to be responsible for all legal costs for both parties.

The property has a net internal area of 108.6m2 (1169ft2) approx.

Lease: Assignment of an existing long term (17.5 years) lease

Rent: £40,000 PA.

Premium: £60,000

Location:

Within easy access of Belsize Park, Hampstead Heath, Swiss cottage, Finchley Road and surrounding areas.
Situated in a prime position on Belsize Lane.
Close proximity to Belsize Park and Hampstead Heath Northern Line Stations.

Local High Street:

Also present in Belsize Park are multiple boutique retailers, cafes and restaurants with a number of sole traders based within the area serving the local community.

Business Rates:
All interested parties are advised to satisfy their own queries directly with the Local Authority in this regard.


Viewing:
Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT. Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
4. All rent prices, fees and charges are quoted exclusive of VAT.
5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.