Fitted and presented to the very highest trade specifications throughout, these substantial and extremely well maintained two-storey leasehold terraced parade premises provide truly outstanding and highly functional internal business accommodation which, to the ground floor, briefly comprises an inviting double-fronted public entrance with display window space on two sides directly off Kings Street into the main, welcoming and deceptively spacious customer service and fine dining restaurant area with stylish furnishings for approximately 40 covers for the provision of a full and varied menu of classic and contemporary a la carte Indian cuisine and accompaniments, which includes a welcoming reception bar area housing a prominent, fully fitted free-of-tie licensed servery with full range optics, chilled bottle display cabinets, bottle and glass display and storage shelving and electronic till point etc. The main public area also enjoys the benefit of air-conditioning and affords easy access through to a fully fitted and extensively equipped commercial kitchen with extraction system housing ample stainless steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of modern, high quality catering appliances, all of which we understand are to be included in the sale price and further details of which will be available upon request to any genuine interested parties. The ground-floor premises naturally also incorporate all the usual separate male and female washroom/WC facilities for customers. The property also enjoys the benefit of double glazing and combined air-conditioning and gas central heating.
Location
Occupying an outstanding and much sought-after trading position among other complementary outlets in the busy heart of the vibrant Greater London satellite town of Watford in Hertfordshire, and with excellent access to the national motorway network (M1 junction 5 & M25 junction 19 etc.) to the front the business premises are well signed and attractively presented and afford extensive and inviting double fronted display window space onto a high footfall Kings Street.
Accommodation
Approximately 900 sq ft
To the first floor the property provides an equally high standard of attractively presented and appointed living accommodation ideal for private or staff purposes in a stylish three-bed apartment with modern kitchen and bathroom/WC facilities currently used by the restaurant staff.
Terms
Full repairing and insuring & renewable lease with 2½ years remaining with next rent review 2015. New 15 years lease available with the new rent at £22,000 per annum.
Uses - A3/A5 with alcoholic licence for bottles or cans of alcoholic beverages for consumption on the premises.
Premium - £20,000 for the benefit of the lease, fixtures, fittings and goodwill.
Rental - £18,000 per annum
Business Rates - Approximately £5,500 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Watford Council.
Opening Hours - Open 7 Days a Week including Bank Holidays: Sunday to Thursday 12 noon till 2:00 p.m. & 5:30 p.m to Midnight & Friday & Saturday 12 noon to 2:00 p.m & 5:30 p.m to 12:30 a.m
Staff - 4/5
Accounts - Available on request
Utilities - All main services are connected
Legal Cost - Each party is to bear their own legal cost
Local Authority - Watford
Reference Charge - London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding Deposit - A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
Fixture & Fittings - 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.