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The Newman Arms, 23 Rathbone Street, London, W1T 1NG
Description
The property is a 4-storey building of brick construction under a flat roof. The property trades at grd floor, 1st floor and bsmt levels only. The upper parts comprise of resi accommodation which are not included within the demise.The grnd floor comprises of a single bar servery for approximately 15 covers. Ancillary accommodation at this level is formed of customer WC’s. The first floor is a 50 cover dining area.
Location
The property is located on Rathbone Street, close to its junction with Rathbone Place. The subject premises located close to Oxford Street & a short walk from Tottenham Court Road & Goodge Street Underground Stations. The Tottenham Court Road Crossrail terminal will also exit close by and the area is home to numerous office occupiers and local occupiers include Circolo Popolare, Roka, SixbyNico, Charlotte Street Hotel, Norma.
Tenure
The property is held on a 10 year lease from 24 March 2020 at a rent of £100,000 or 10% of turnover whichever is higher. The lease is outside the Act.
Planning
The premises benefit from Sui Generis use.
Contact Connie Start
Telephone: 020 7299 0695
Email: cstart@dcl.co.uk
Contact Paul Tallentyre
Telephone: 020 7299 0740
Email: ptallentyre@dcl.co.uk
Disclaimer: All measurements, planning and licensing information are supplied for guidance only, and the potential purchasers should satisfy themselves as to their accuracy. Note that where a property is still trading, staff may be unaware of the proposed sale, so discretion is vital. Please channel all enquiries throught this office, as a failure to do so may cause embarrassment and jeopardise the sale. Although the status of each proerty is clearly marked; if a property is already under offer it is still worthwhile enquiring, as transactions can often abort. Possession is normally on completion of legal formalities, saved for some development situations which may still be under constuction