Restaurant, London, UK

Additional information is provided after the signing of an NDA

Restaurant, London, UK

24,500,000 £
44,708 £ /m²
Send a request
Send via email
  • Total area
    548 m²
  • Yield
    3.9 %
  • Rental rate (m²/month)
    135 £
  • Built in 
    2017
Send a request
Send via email
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 891,798 £
Tenants
  • Occupancy: 100 %
  • End of lease: 2037
Transaction costs
  • Broker: 2.0 %

A restaurant in the center of London with a long-term lease agreement.

Description

The building has a basement of 174 m².

The planning consent restricts the restaurant to 220 covers at one time.

The restaurant was opened in the spring of 2017.

Financial performance

The cost of the property is 24,500,000 £.

Absolute annual income is 950,000 £.

The current yield of 3.9%.

Tenants

The tenant is a network of Japanese restaurants, numbering more than 140 branches in 17 countries.

The lease agreement is valid through 2037. The contract provides a 12-month rent free period.

Transaction costs

The brokerage fee is 2%.

Location and nearby infrastructure

The property is located in the area of Covent Garden. This is a popular shopping area, where the Royal Opera House is also located.

The museums, theaters, a sports hall and a library are situated not far from the building.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Statistics in London

Price per m², £
12,144
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 12,143.52
Apartment in a bedroom community, m² 6,880.7
Transport Price, £
Public transport, 1 ride 2.36
Monthly travel card 141.17
Taxi, 1 km 2.82
Petrol, 1 l 1.22
Food Price, £
Water, 1.5 l 0.86
Milk, 1 l 0.91
White bread, 500 g 1.04
Eggs, a dozen 1.92
Chicken fillet, 1 kg 5.84
Education Price, £
Kindergarten, per month 1,199.88
International school, per year 16,270.55
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other restaurants for sale in the United Kingdom.

You can see more restaurants for sale in Covent Garden elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

Invest in development project

Send a request
    When you submit a request, you agree to our terms and conditions

    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

    Similar listings

    We select ads that may interest you.

    Enquire about this restaurant
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Covent Garden
    +44 17 4822 0039
    Send a request
      When you submit a request, you agree to our terms and conditions
      • Bank financing from 2% annually
      • Property, plot and construction site survey
      • Management company services
      Call us
      Send a request
      Location choice
      • еще ...
      • City, Region, Country
      Loading...
      • Nothing found
      • Nothing found