Fully Fitted Hackney Bar/Restaurant, London, E8

  • Bar / Pub / Restaurant
  • 3,684 sq ft
  • Lease Assignment
Fully Fitted Hackney Bar/Restaurant, London, Bar / Pub / Restaurant Lease Assignment - mrfrestaurant.jpg
Property Type Bar / Pub / Restaurant
Tenure Lease Assignment
Size 3,684 sq ft
Rent £50,000 per annum 1st floor being sublet to an office at 12k, overall 62k for whole building
Energy Performance Rating Upon enquiry

Fully Fitted Restaurant/Bar in Hackney

Key Features

  • Midnight Licence
  • Fully Fitted with Kitchen
  • Lease held Inside the Act
  • Outdoor Seating
  • Good Nearby Operators
  • Great Transport Links

Description

The premises are currently fitted out as a bar with 65 covers on the ground floor plus a bar & small kitchen. There is a terrace to the side providing space for a further 40 covers of outside seating. The 1st floor is currently rented out for £12,000 p.a until June 2025.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 1,384 128.58
Basement 1,000 92.90
1st - being sublet to an office 1,300 120.77
Total 3,684 342.25

Location

The property is located on Mare Street in the heart of Hackney. Nearby operators include Mcdonalds, Perfect Chicken, Brew Club & Black Sheep Coffee to name a few. Hackney Central and Homerton overground stations are both a short walk away.

Tenure

An assignment of the existing lease expiring in June 2035, subject to 5 yearly rent reviews. The lease is drawn inside the security of tenure provisions of the Landlord and Tenant Act.

Passing Rent

£62,000 p.a for the whole building, the 1st floor is currently rented out for £12,000 p.a until June 2025.

VAT

All prices quoted may be subject to VAT if applicable.

Premium

Offers in the region of £85,000.

License / Planning

The premises benefit from Sui Generis planning use, with a premises license which allows for sale of alcohol within the following days & hours.
Monday – Sat 10:00 – 00:00 Sunday 12:00 – 23:30

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.