Shoreditch/Hoxton Restaurant - Great Fit Out

Key Features

• Busy Location
• Excellent Fit Out
• Full Extraction in Situ
• Lease Assignment with 6 years Remaining
• Inside LTA 1954

Description

The restaurant is fully fitted to an excellent standard as a fast casual burger restaurant, benefitting from a prominent, glazed frontage and a spacious layout. The ground floor is arranged to accommodate 30 covers and there is a large kitchen with full extract in the basement.

Available area

The accommodation comprises the following areas:

Location

Located on Kingsland in Hoxton, just moments from Hoxton station, this restaurant sits alongside numerous cafe's, restaurants and bars in an area known for its creative industries. Shoreditch High Street and Old Street stations are also close by.

Tenure

An assignment of the existing 15 year lease expiring in 2032, subject to 5 yearly rent reviews. It is understood that the lease is granted within the L&T Act 1954.

Passing Rent

50,000 per annum exclusive.

Premium

Offers in the region of £40,000 invited.

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning/Licence

The premises benefit from E Class planning.

Holding Deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.