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- LoopNet Team
1-7 Stanhope Para
London NW1 3RD
Property For Lease

Property Facts
| Property Type | Retail | Gross Leasable Area | 5,576 SF |
| Property Subtype | Storefront | Year Built | 1954 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,576 SF |
| Year Built | 1954 |
About the Property
Newly refurbished restaurant/cocktail/shisha lounge. Internally there are 100 covers with 65 covers located on the covered terrace at the rear. There is also the possibility of adding a further 20 covers on the front forecourt. The premises is fully licenced for alcohol and shisha and features a large fully fitted bar and fully fitted kitchen including extraction system, fridge/freezers, gas stove, grill, fryers and many other stainless steel appliances. The premises is fully alarmed, has CCTV throughout, includes sound system and multiple TV’s. Benefits from utilities such as 3 phase power and gas supply. The brands Instagram account will also be included as part of the sale with in excess of 2,000 organic followers @regents.lounge. Held on a 20 year full repairing and insuring lease with 18 years remaining at £60,000 pa +VAT. There are 5 yearly rent reviews. £140,000 is sought for the benefit of the lease and all fixtures, fittings, equipment and furniture and Social Media accounts.
Attachments
| Marketing Details |
Listing ID: 28230644
Date on Market: 4/14/2023
Last Updated:
Address: 1-7 Stanhope Para, London NW1 3RD
The Retail Property at 1-7 Stanhope Para, London, NW1 3RD is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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