Property Type | Restaurant |
Tenure | Lease Assignment |
Size | 6,727 sq ft |
Rent | £175,000 per annum |
Premium | £120,000 |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
The Premises are fully as a restaurant with a fully fitted kitchen. The restaurant is all on ground floor. With great decor to excellent standard. There is 6 tables outside for customer seating. As well as offices upstairs.
The accommodation comprises the following areas:
Name | Sq ft | Sq m |
---|---|---|
Ground | 5,285 | 490.99 |
1st | 1,442 | 133.97 |
Total | 6,727 | 624.96 |
The premises is located in Tower Hill/ Whitechapel, with good footfall throughout the day with an abundance of restaurants and bars serving in the immediate vicinity. Some nearby operators include Simmons, Waitrose and Everyman Cinema to name a few.
An assignment of the existing lease that expires 2025. subject to 5 yearly rent reviews. The Lease is drawn outside the security of tenure provisions of the Landlord and Tenant Act.
£175,000 per annum
Offers in the region of £120,000 to include the lease, license and all fixtures and fittings.
All prices quoted may be subject to VAT if applicable.
The premises benefit from Class E planning and we understand the property has a premises license in place permitting the sale of alcohol until 9am till 1:00am Monday to Saturday and Sunday till 11.30pm
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.