Litchfield Street is situated in the heart of London’s West End and Theatreland within close proximity to Trafalgar Square, Leicester Square and Covent Garden Piazza. The property is situated on the north side of Litchfield Street close to The Ivy Restaurant. Other nearby occupiers include Ronnie Scotts Jazz Club, The National Gallery, The Palace Theatre and The London Coliseum.
Tenure
Freehold.
Location
Metres
600 metres from Trafalgar Square, 400 metres from Leicester Square, 600 metres from Piccadilly Circus
Litchfield Street is situated in the heart of London’s West End and Theatreland within close proximity to Trafalgar Square, Leicester Square and Covent Garden Piazza. The property is situated on the north side of Litchfield Street close to The Ivy Restaurant. Other nearby occupiers include Ronnie Scotts Jazz Club, The National Gallery, The Palace Theatre and The London Coliseum.
Tenure
Freehold.
Description
The property is an attractive period building comprising a WINE BAR on the ground floor, a RESTAURANT CLUB in the basement and a RESIDENTIAL FLAT on each of the three upper floors. The third floor flat benefits from a roof terrace.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is an attractive period building comprising a WINE BAR on the ground floor, a RESTAURANT CLUB in the basement and a RESIDENTIAL FLAT on each of the three upper floors. The third floor flat benefits from a roof terrace.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Ground Basement Basement Basement
Wine Bar Ancillary Restaurant Club Kitchen Ancillary
39.06 sq m 10.11 sq m 48.90 sq m 16.90 sq m 2.63 sq m
LE BEAUJOLAIS LIMITED on assignment from LE BEAUJOLAIS WINE BAR LIMITED with surety (1)
14 years from 24/06/1997
£50,000
24/06/2011
First
Residential
56.58 sq m
(609 sq ft)
Vacant Possession
Second
Residential
55.37 sq m
(596 sq ft)
INDIVIDUAL
Assured Shorthold Tenancy for 1 year from 23/09/2010
£16,800
Third
Residential
56.20 sq m
(605 sq ft)
INDIVIDUAL
Assured Shorthold Tenancy for 1 year from 15/04/2010
£18,113.40
Totals
285.75 sq m
(3,074 sq ft)
£84,913.40
(1) As to the ground floor and basement lease, the assignment provides an Authorised Guarantee Agreement (AGA). The original lease provides surety from individuals.
