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W1 Palace 204 Great Portland St 1,520 SF of Assignment Available in London W1W 5QQ
ASSIGNMENT HIGHLIGHTS
- Prime location, surrounded by renowned restaurants, cafés, and retail, ensuring high visibility and footfall from local and international visitors
- Situated in a lively and prestigious neighbourhood, benefitting from a strong mix of office workers, residents, and tourists
- Excellent transport links, with multiple Underground stations nearby, making the property accessible for staff and customers
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,520 SF | Jan 2041 | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The available unit comprises 1,520 sq ft, thoughtfully arranged over the ground floor and basement. It is fully fitted as a restaurant, featuring a modern kitchen, quality fixtures and fittings, and a flexible layout suitable for various seating arrangements. The ground floor offers an inviting dining area with excellent natural light, while the basement provides additional dining or ancillary space, ideal for private events or storage. The premises are ready for immediate occupation, allowing an incoming operator to commence trading without delay.
- Use Class: E
- Assignment space available from current tenant
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Kitchen
- Corner Space
- Basement
- Display Window
- Fully fitted restaurant, ready to operate
- 1,520 sq ft over ground and basement
- Prominent frontage, high footfall area
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,520 SF | Gross Leasable Area | 3,066 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,520 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,066 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
A rare opportunity to acquire a fully fitted restaurant premises in the heart of London’s West End. This prominent property is arranged over the ground floor and basement, totalling approximately 1,520 sq ft. The unit benefits from an attractive frontage, excellent visibility, and is ready for immediate occupation. The lease runs until 2041, offering long-term security for an incoming operator. Premium offers are invited for this well-appointed space, ideally suited for a range of hospitality concepts seeking a prime central London location.
- Corner Lot
- Restaurant
- Signage
- Storage Space
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W1 Palace | 204 Great Portland St
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