icons_size_white icons_size

Suda Thai, 5 Berners Street

To rent: £165,000.00 Per Annum|3197 Sq Ft|Restaurants/Cafes, Licensed & Leisure

PROPERTY DETAILS

TO RENT£165,000.00 Per Annum
SIZE3197 Sq Ft
ADDRESSSuda Thai, 5 Berners Street, London, W1T 3LF
TYPERestaurants/Cafes, Licensed & Leisure
TENURETo Let
POSTED ON2nd March 2021

DESCRIPTION

Key Points

  • Prominent restaurant unit to let
  • Situated in close proximity to Oxford Street
  • Adjacent to the London Edition Marriott 5 star hotel
  • 120 covers arranged over ground floor and basement
  • GIA: 297sq m (3,197sq ft) over ground floor and basement
  • Midnight premises licence
  • Guide rent: £165,000 per annum
  • Summary

    Prominent restaurant unit to let in close proximity to Oxford Street

    Description

    The restaurant comprises the ground and basement of a six storey mid-terrace building with exposed stone elevations beneath a flat roof. The premises benefit from a main entrance from Berners Street and a secondary entrance from Berners Place. The upper floors comprise residential apartments which are excluded from the new lease.

    Location

    The premises is located on Berners Street, which adjoins Oxford Street to the south and Eastcastle Street to the north. Oxford Street is one of the busiest retail streets in Europe and benefits from approximately half a million daily visitors to its array of global brands. Operators fronting Berners Street include Nando’s, the 5 star London Edition Hotel, which offers 173 rooms and the Berners Tavern. Operators in the surrounding area include Costa Coffee, McDonald’s, Tortilla, Pret, Five Guys and Wagamama. Public transport connections are excellent with both Tottenham Court Road and Oxford Circus underground stations located 0.3 miles to the east and west respectively; providing access to the Central, Northern, Bakerloo, Crossrail and Victoria lines. Access to the national rail service is provided at London Charing Cross Station, 0.9 miles to the south east, and Euston, 1.0 miles to the north.

    Licensing

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours: Sunday to Thursday 11:00 - 23:30 Friday to Saturday 11:00 - 00:00

    Terms

    Rental offers are invited in the region of £165,000 per annum for a new lease of the ground and basement restaurant unit on terms to be negotiated. The service charge is to be confirmed.

    Fixtures & Fittings

    Fixtures and fittings may be available by way of separate negotiation.

    EPC

    An EPC rating of D (85) has been calculated.

    Rateable Value

    2017 - £200,000

    VAT

    All figures quoted are exclusive of VAT

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Agents). Prospective tenants will need to provide proof of identity and residence.

    Viewings

    All viewings must be arranged by prior appointment via the joint letting agents Savills or Stephen Kane & Company

    Contact

    Stuart Stares Savills +44 (0) 207 299 3088 sstares@savills.com James Grasby Savills +44 (0) 207 409 8178 james.grasby@avills.com Paul Breen Savills +44 (0) 207 877 4555 pbreen@savills.com Stephen Kane Stephen Kane & Company +44 (0) 20 7224 0101 sk@stephenkane.co.uk

    LOCATION

    Location: Suda Thai, 5 Berners Street, London, W1T 3LF

    Tottenham Court Road (0.2 miles)

    Goodge Street (0.3 miles)

    Oxford Circus (0.3 miles)

    Charing Cross (0.8 miles)

    St. Pancras (0.8 miles)

    Euston (0.8 miles)

    close
    What do you think of our website?
    Complete our survey and
    you could win £1000
    Start here