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Fabulous New Free of Tie Pub Lease available, in Belgravia mews setting.
Property DetailsLOCATIONThe Wilton Arms pub is located in intimate Kinnerton street, in the heart of Belgravia, a three minute walk from Motcomb Street to the south and Hyde Park and Knightsbridge to the north. This famous part of town has an unmistakable character and its distinctive streets and mews are among London’s most desirable addressesTERMSA new FRI lease is available for a term of 15 years with five yearly rent reviews, outside The Act. The asking rent is £100,000 per annum exclusive.BUSINESS RATESWe understand that the rateable value is £52,000 and the current rates payable are approximately £25,000 per annum. You are advised to make your own enquiries with the VOA.
Planning Usage: A4 Pubs and Bars
A premises licence exists permitting the premises to trade during normal pub hours.
The purpose built and listed pub is arranged over ground,
basement and two upper floors. The ground floor offers a
traditional bar area, customer toilets and a small extension at the
rear. The basement cellar has a cold room and beer drop from
the pavement. The upper parts are not separately accessed and
currently used as a trade kitchen (with extract in situ) and staff/
The property is arranged over basement, ground, first and second floors. In its current configuration, the basement is cellarage with a beer drop from the pavement. The ground floor is a bar area for customers and there is a small rear extension for customer toilets and a small conservatory at the very back. The stair case is located behind the bar and the upper parts are used as a small trade kitchen on 1st floor and staff accommodation. The building could benefit from investment to better use the space in its entirety. There could be scope for a rear extension, subject to planning and other consents, and possibly relocation of toilets and/or kitchen and a commercial use of the upper parts for example.
Floor areas are as follows (NIA):
Basement 794 sqft
Ground 943 sqft
1st 635 sqft
2nd 546 sqft
Total 2,918 sqft
Unit Floor Size (Ft2 | M2) Rent (/a | /Ft2) S/Charge (/a | /Ft2) Rates (/a | /Ft2) Total /a Planning Usage Status Wilton Arms Basement 794 T.B.C T.B.C T.B.C T.B.C A4 Available Wilton Arms Ground Floor 943 T.B.C T.B.C T.B.C T.B.C A4 Available Wilton Arms First Floor 635 T.B.C T.B.C T.B.C T.B.C A4 Available Wilton Arms Second Floor 546 T.B.C T.B.C T.B.C T.B.C A4 Available Total / Avgs. Total / Avgs. 2,918 T.B.C T.B.C T.B.C T.B.C
The Wilton Arms ,
71 Kinnerton Street Belgravia,
London SW1X 8ED
<div>LEASE TERMS</div><div>A new full repairing and insuring lease for 15 years is available.</div><div>The asking rent is £100,000 per annum exclusive of rates and</div><div>service charge. The lease will be granted outside the security and</div><div>compensation of the Landlord & Tenant Act 1954.</div><div><br></div><div><div>PLANNING AND LICENCING:</div><div>The entire property is listed and benefits from A4 pub use.</div></div><div><br></div><div><div>BUSINESS RATES</div><div>Current rateable value: £52,000</div><div>Approximate rates payable: £ 25,000</div><div>Parties are advised to verify these figures with the local authority.</div></div><div><br></div><div>EPC: D - 93</div>
To be provided in due course.