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63-66 St Martins Ln
London WC2N 4JS
St Martins House · Retail Property For Sale
Investment Highlights
- Freehold Bar & Restaurant
- Prime position on St Martin’s Lane just below St Martin’s Cross, the main pedestrian route between Leicester Square and Covent Garden
- Single let to The Alchemist Bar & Restaurant Limited for 24.1 years unexpired (14.1 years to break)
- Prominent Covent Garden location with excellent footfall, between the London cultural hotspots of Leicester Square, Soho, Covent Garden & Trafalgar
- Restaurant and bar totalling 6,728 sq ft of flexible, well arranged space over ground and basement
- Rental income of £480,000 per annum reflecting £119 per sq ft on a weighted area basis offering growth potential
Property Facts
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
6,728 sq ft
Costar Property Class
B
Year Built
1975
Tenancy
Single
Number of Floors
6
Plot ratio
0.45
Total Plot Size
0.34 ac
Amenities
- Storage Space
About 63-66 ST MARTINS LN , LONDON, LND WC2N 4JS
63-66 St Martin’s Lane comprises a seven storey building with commercial accommodation on the ground and basement floors and private residential accommodation on the upper floors sold off on a long lease. 63-66 St Martin’s Lane is currently arranged to provide a 72-cover restaurant and bar on ground with storage and ancillary use at basement level. The unit is well configured and provides flexibility that would suit a variety of occupiers. The property benefits from a licence which allows for trading until midnight Monday through Saturday and 11:30 pm on Sundays.
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