Italian Restaurant available for a management contract, City of London

Description

Fully fitted restaurant set over three floors with the kitchen located in the basement, situated in the heart of Soho on Old Compton Street among a variety of upmarket restaurants, bars, and cafes.The ground floor provides 32 covers and the first floor accommodates 41 covers. Several underground stations are nearby, including Leicester Square, Oxford Circus, and Piccadilly.Licenses include playing of recorded music, private entertainment with dancing and music, a 2 am license on Thursday, Friday, and Saturday, and sale by retail of alcohol.The premises comprise:Basement – 256.72 sq ft – Kitchen and vaultsGround Floor – 375 sq ft – Restaurant floorFirst Floor – 298 sq ft – Restaurant floorSecond Floor – 650 sq ftThe lease includes five-yearly rent reviews, with the next review due in June 2025. The current rent is £150,000 per annum.