Q-Shoreditch, 55-61 Tabernacle Street, London, EC2A 4AA

  • Nightclub / Restaurant
  • 5,500 sq ft
  • Lease Assignment
Q-Shoreditch, 55-61 Tabernacle Street, London, Nightclub / Restaurant Lease Assignment - new 2 dezzi outsdie .jpg
Q-Shoreditch, 55-61 Tabernacle Street, London, Nightclub / Restaurant Lease Assignment - ground floor new .jpg
Q-Shoreditch, 55-61 Tabernacle Street, London, Nightclub / Restaurant Lease Assignment - club new .jpg
Under Offer
Property Type Nightclub / Restaurant
Tenure Lease Assignment
Size 5,500 sq ft
Rent £220,000 per annum
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Prime Shoreditch Bar/ Restaurant

Key Features

  • Prime Location
  • Excellent Lease term remaining
  • Extraction in Situ
  • Ability to run as two separate venues
  • Superb Fit Out
  • Late License in Place
  • Prominent Corner Location

Description

The premises are fully fitted to a very high standard over ground and basement. The Ground floor trades as an open plan bar, with a DJ booth, to accommodate approximately 300 people, with a fully fitted kitchen to the rear. The lower ground floor is fully fitted as a high end 250 capacity nightclub with its own ground floor entrance.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 3,500 325.16
Basement 2,000 185.81
Total 5,500 510.97

Location

The premises are located in the sought after area of Shoreditch that a popular destination for restaurants, bars and late night premises. The building is on a corner benefitting from a good return frontage and excellent visibility. There are a plethora of other restaurants and bars in the locality.

Tenure

The existing lease is granted for a term of 20 years from 18 February 2022 subject to 5 yearly rent reviews. The lease is granted inside the security of tenure provisions of The Landlord and Tenant Act 1954.

Rent

£220,000pax rising in February 2025 to £250,000pax. Next rent review date is Feb 2027

Premium

Upon Application

VAT

All prices quoted may be subject to VAT if applicable

Planning / Licence

The premises benefit from E class Planning - There is a licence in place allowing the sale of alcohol until 1am Mon – Weds and 1.45am Thurs – Sat.

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