Entirely let to individuals, t/a Café Mezza Restaurant until 2024
Prominently situated in a prime retail position
Outstanding 2009 rent review
Located directly opposite the Harlequin Shopping Centre
Nearby occupiers include Boots the Chemist, Pizza Express, Toni & Guy and Waterstone's
Six Week Completion Period Available
Lot 11
Auction 7th July 2011
Rent £45,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Leisure
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
17.5 miles north-west of Central London
Roads
A411, M1 (Junction 5), M25 (Junction 19)
Rail
Watford High Street Overground Station
Air
London Heathrow Airport
Situation
The property is situated in a prominent location on the southern side of High Street directly opposite The Harlequin Shopping Centre which houses retailers such as John Lewis, W H Smith, Next, Primark and Marks & Spencer. Other nearby occupiers include Boots the Chemist, Pizza Express, Toni & Guy and Waterstone's.
Tenure
Freehold.
Location
Miles
17.5 miles north-west of Central London
Roads
A411, M1 (Junction 5), M25 (Junction 19)
Rail
Watford High Street Overground Station
Air
London Heathrow Airport
Situation
The property is situated in a prominent location on the southern side of High Street directly opposite The Harlequin Shopping Centre which houses retailers such as John Lewis, W H Smith, Next, Primark and Marks & Spencer. Other nearby occupiers include Boots the Chemist, Pizza Express, Toni & Guy and Waterstone's.
Tenure
Freehold.
Description
The property comprises a ground floor restaurant unit with first floor storage accommodation. The property also benefits from a yard to the rear.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor restaurant unit with first floor storage accommodation. The property also benefits from a yard to the rear.
VAT
VAT is 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
Reviews
Ground First
Restaurant Storage
151.6 sq m 53.9 sq m
(1,632 sq ft) (580 sq ft))
INDIVIDUALS (t/a Café Mezza Restaurant) (1)
20 years from 23/12/2004 until 22/12/2024 on a full repairing and insuring lease
£45,000
23/12/2009 (2) and five yearly thereafter
Totals
205.5 sq m
(2,212 sq ft)
£45,000
(1) Café Mezza Restaurant, which opened in 2004, offers some of the finest Lebanese cuisine in London. Another Mezza restaurant, Mezza Pizza opened in 2002 and operates from Villiers Road, Watford. (Source: www.cafemezza.com 31/05/2011)
(2) Please note that the 2009 rent review is outstanding.
Contacts
Seller's Solicitors
Mischcon de Reya Summit House, 12 Red Lion Square London WC1R 4QD
