The Newman Arms, 23 Rathbone Street, London, W1T 1NG
The property is a 4-storey building of brick construction under a flat roof. The property trades at grd floor, 1st floor and bsmt levels only. The upper parts comprise of resi accommodation which are not included within the demise.The grnd floor comprises of a single bar servery for approximately 15 covers. Ancillary accommodation at this level is formed of customer WC’s. The first floor is a 50 cover dining area.
The property is located on Rathbone Street, close to its junction with Rathbone Place. The subject premises located close to Oxford Street & a short walk from Tottenham Court Road & Goodge Street Underground Stations. The Tottenham Court Road Crossrail terminal will also exit close by and the area is home to numerous office occupiers and local occupiers include Circolo Popolare, Roka, SixbyNico, Charlotte Street Hotel, Norma.
The property is held on a 10 year lease from 24 March 2020 at a rent of £100,000 or 10% of turnover whichever is higher. The lease is outside the Act.
The premises benefit from Sui Generis use.
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