Clerkenwell Bar Premises with late Licence - Lease For Sale

Key Features

• Large Double Frontage
• Partially Fitted Out to High Standard
• 2am Licence
• 200 Person Capacity
• Long inside the act lease
• Good Transport links

Description

The premises are arranged over 5 floors and are partially fitted out as a restaurant/Bar premises.

Available area

The accommodation comprises the following areas:

Location

The unit is well located on Clerkenwell Road close to the junction of St. John’s Street. Nearby operatorsinclude Brewdog, Dans Le Noir, Tinseltown and Fox tons, to name a few. Transport Links are excellent.

Terms

A full repairing and insuring lease for a term of 20 years from 30th April 2020, subject to 5 yearly rent reviews. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tenant act 1954, Part 2 as amended.

Rent

£127,000 per annum exclusive.

Premium

On Application

Planning/Licencing

The premises benefit from E class planning use, with a premises licence to serve alcohol with or without table meals from 10am until 2am, every day of the week. Maximum capacity is 200 persons including staff and performers.

VAT

All prices quoted may be subject to VAT if applicable.

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.