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56 Paul Street, London, EC2A 4LN

  • Restaurant
  • 620 sq ft
  • Lease Assignment
56 Paul Street, London, Restaurant Lease Assignment - instapic3.jpg
Property Type Restaurant
Tenure Lease Assignment
Size 620 sq ft
Rent £45,000 per annum
Premium £60,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Takeaway Restaurant in Shoreditch

Key Features

  • Ground and Basement
  • Fully Fitted Kitchen with Extraction
  • Kitchen on ground floor

Description

The premises has a fully fitted kitchen with extraction, that is operating as a Greek restaurant. The unit is arranged on the ground floor and basement level to accommodate 30 covers.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 301 27.96
Basement 319 29.64
Total 620 57.60

Location

The premises are located on Paul Street, in the vibrant heart of Shoreditch. Nearby food and beverage establishments include popular spots such as The Maldron Hotel , Nando sandwich , The Fox bar, to name a few. The nearest tube stations are Shoreditch High Street and Old Street Underground, offering access to the Overground and Northern Line.

Tenure

An assignment of the existing lease due to expire in 2033, subject to 5 yearly rent reviews. Lease inside the landlord and tenant act 1954.

Passing Rent

£45,000 per annum exclusive

Premium

Offers in the region of £60,000

VAT

VAT may be applicable to the rent, premium and other outgoings.

Planning/Licencing

The premises benefit from an E-class planning use

Holding Deposit

A holding deposit will be required to secure the property and will grant a period ofexclusivity which will be held in the CDG Leisure client account until completion.

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.