- Area & Transport
New A3 restaurant Unit to Let in Prime Courtyard setting in Covent Garden, just off Long Acre
Property DetailsLOCATIONThe new restaurant will form part of a new development at St Martins Courtyard, just off Long Acre and St Martins Lane. St Martins Courtyard is at the centre of the three distinct shopping and entertainment districts of Neals Yard, Seven Dials and Long Acre and it has three separate entrances encouraging visitors to each of those to explore the shops, restaurants and outside setting in the courtyard. The wider area of Covent Garden and St martins Lane is a busy seven day environment attracting a good mix of local workers, destination diners, shoppers and tourists. Restaurants within a two minute walk of St Martins Courtyard include Dishoom the original The Ivy, the UK’s first Five Guys, Hawksmoor, Bills, Temper and Maison Le Bab.TERMSA new FRI lease is available for a term of 15 years with five yearly rent reviews, outside The Act. The asking rent is £240,000 per annum exclusive. Service Charge is expected to be £29,590 p.a. (£11/sf)TIMINGThe restaurants are available for occupation in Q1 2020 and the site can be visited by appointment now.BUSINESS RATESThe premises are exempt from business rates until 1st April 2021. Prospective tenants are advised to confirm any rating liability directly with the Local Authority
Planning Usage: A3 Restaurants
The A3 planning consent allows the premises to trade as a restaurant with an ancillary bar. Details on request.
A premises licence has been granted permitting core hours. Details on request.
The premises are offered in shell specification with voids in the floor for staircase and vertical connections, shopfront in situ and utilities capped off ready for tenant’s fit out. A route to the roof for kitchen extract has been identified and space will be set aside for plant and air con. the following floor areas apply:
Ground Floor 1,356
First Floor 1,334
Outside/Balcony Seating: TBC
The new restaurant unit has extensive al fresco seating spilling into the courtyard and a very attractive and extensive balcony overlooking the activity beneath.
21 Slingsby Place,
London WC2E 9AB
To be provided in due course.