Tower Of London/ Whitechapel Restaurant, Tower Of London/ Whitechapel, London, E1

  • Restaurant
  • 6,727 sq ft
  • Lease Assignment
Tower Of London/ Whitechapel Restaurant, Tower Of London/ Whitechapel, London, Restaurant Lease Assignment - consumer_pasta_making_product.jpg
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

Fully Fitted Tower Hill /White Chapel Restaurant

Key Features

  • Great Outside seating
  • Outside Seating
  • Includes offices upstairs
  • Alcohol Licence

Description

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.

Available area

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

Location

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.

Tenure

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.

Rent

£175,000 per annum

Premium

Offers in the region of £120,000 to include the lease, license and all fixtures and fittings.

VAT

All prices quoted may be subject to VAT if applicable.

Planning/ Licence

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

Holding Deposit

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.