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The property is situated on the first floor within the Westminster Arcade, fronting Parliament Street.
The Arcade has comprehensively been refurbished and provides 12 units. Westminster Arcade links Parliament Street to the Jubilee Car Park with 450 car spaces.
The property provides an open plan dining area and separate kitchen. There is also a store room to the second floor.
The property is currently presented as a fully fitted Café/Tearoom enabling a new occupier to trade immediately upon completion of the assignment.
The lease is available by way of a single premium of £25,000 which is to include the kitchen to enable the business to continue as existing.
Terms
The property is available to let by way of an assignment of the existing FRI lease which has expired and is awaiting a new lease to suite a new occupiers requirements.
Legal costs
Each party is to be responsible for their own legal costs incurred in this transaction.
VAT
We understand the property has been elected for VAT so VAT will be applicable to the rent.