Fully Fitted Cafe & Bar in Exmouth Market

Key Features

• Premises Licence in Place
• Outdoor Seating to both Front and Rear
• Ground Floor and Basement
• Fully Fitted

Description

The premises are well decorated and fully fitted out as an operating tea shop arranged across two floors with a rear garden to accommodate 16 covers. The ground floor operates as a retail unit, with an additional forecourt to house 28 covers in total. The rear of the ground floor leads to the basement which has a storage room and staff toilets.

Available area

The accommodation comprises the following areas:

Location

The premises are located in Exmouth Market, in the heart of Clerkenwell. The area is surrounded by many food and beverage operators, including Pizza Pilgrims, Gails, Astro Cocktail Bar and Big T’s Burgers N Wings.

Tenure

An assignment of the existing 10 year lease from 24th August 2022 that expires on 24th August 2031. The lease is granted inside the security of tenure provisions of the Landlord & Tenant Act 1954.

Rent

£22,750 per annum exclusive.

Planning/ Licence

The premises benefit from Class E planning use. The licensing hours are: 7:30 to 23:00, Monday to Friday, 10:00 to 23:00, Saturday to Sunday.

Premium

Offers in the region of £75,000.

VAT

All prices quoted may be subject to VAT if applicable.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

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.