Wagamama’s, Soho, Central London

 

81 Dean Street, Soho, London, W1D 3SW

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Restaurant
  • Tenure: Virtual Freehold
  • Gross Rent: £600,000
  • Lease Term: 25 years from Dec '16

Property Description

  • Virtual Freehold Blue-Chip Restaurant Investment in Central London
  • Brand new Wagamama’s flagship restaurant with a high concept fit out based on their their flagship New York branch on Madison Avenue.
  • 5,457 sq. ft (507.0 sq. m) of A3 restaurant accommodation arranged over lower ground and ground floors.

Location Description

  • Prominently located in the heart of Soho in Central London
  • Less than 150m from the new Elizabeth Line (Crossrail) ticket hall on Dean Street.

Additional Notes

  • Let to Wagamama Limited for 25 years FR&I from December '16 for £600,000 per annum.
  • 5 yearly rent reviews to open market A3 use with a tenant break option at year 15.
  • Wagamama Limited have a D&B rating of 5 AI representing a minimum risk of business failure.
  • For the year ending 26 April 2015 Wagamama Limited had a turnover of £188.115 million generating an EBITDA of £30.3 million.

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