High Street, Bushey, WD23 1BD

London Properties are pleased to offer to the market this Well Established Thai Restaurant located on the busy High Street, Bushey & surrounded by various restaurants and shops also nearby is Bushey Country Club. The restaurant benefits from 100 covers with bar, fully fitted kitchens to the side rear with prep area, basement storage. The unit is accessible from both the High Street and the free customer parking to rear. The rear is the outside seating which is perfect for alfresco dining or shisha. Viewings are highly recommended through London Properties by appointment.

DESCRIPTION:

Well Established Thai Restaurant with 100 covers with bar, fully fitted kitchens to the side rear with prep area, basement storage. The unit is accessible from both the High Street and the free customer parking to rear. The rear is the outside seating which is perfect for alfresco dining or shisha

USES:

A3 with alcohol license

PREMIUM:

£150,000 for the benefit of the lease, fixture & fittings

TERMS:

The property is held by a 15 year Full Repairing and Insuring Lease that was granted in 2008. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the security of the Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.

RENTAL:

£35,000 per annum

SIZE:

Approximately 1350 sq ft

EXTERNAL:

20  covers external to the rear & free car park

BUSINESS RATES:

We are told the rates payable are £6,000 per annum. However, all interested parties are encouraged to make their own enquiries with Hertsmere Council.

OPENINH HOURS:

Lunch: 12:00 - 15:00 6 Days Per Week - Dinner: 18:00 - 23:00 Tuesday - Thursday - Dinner: 18:00 - 23:30 Friday - Saturday - Dinner: 18:00 - 22:00 (Sunday) & Monday Closed

TURNOVER:

Current turnover in the region of £312,000 per annum

LOCAL AUTHORITY:

Hertsmere

LEGAL COST:

To be confirmed

REFERNCE 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

AGENT NOTE:

London Properties 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 London Properties. 

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only