Prime City Grab & Go Unit on a New Sub-Lease

Key Features

• Prime City Location
• Fully Fitted to a High Standard
• High Spec Kitchen with Full Extract
• Good Nearby Operators
• Good Transport Links

Description

The premises are fully fitted to a a high standard benefitting from a modern design and high ceilings. There is a fully fitted open kitchen on the ground floor, suited to the City's quick service grab and go lunch trade. There is a further kitchen in the basement offering extra storage, customer toilet and staff areas with additional space for customer seating as well.

There is additional office space above which can be included in the sub-lease, for an additional rent.

Available area

The accommodation comprises the following areas:

Location

The premises are located in an excellent position on Gresham Street, a prime office catchment close to the Bank of England. The area is busy throughout the week, being right at the heart of London’s City business district. Nearby restaurant occupiers include the Cabotte, Anthologist, Harry’s Bar and Brasserie, SOHO Coffee Co and Enoteca da Luca and The Ned to name a few.

Tenure

An full repairing & insuring sub-lease to be granted until October 2037 (on or just before the date of the head-lease), subject to 5 yearly rent reviews. The sub-lease will be granted outside the security of tenure provisions of the Landlord & Tenant act 1954.

Rent

Offers invited in excess of £80,000 per annum exclusive.

VAT

All rent and prices quoted may be subject to VAT if applicable.

Planning/Licence

The premises benefit from Class E planning and there is a premises licence in place allowing the sale of alcohol until 02:00am Sunday to Friday and 03:00am Saturday.

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.