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Bar Lease With Premise Licence In Brick Lane For Sale

Shoreditch, London, UK
Asking Price:
On request
Turnover:
Available on request
Net Profit:
Available on request

Bar Lease for Sale in Brick Lane, Shoreditch. Short Term Available.
MAIN FEATURES

Short-Term Lease Available (Sublease)
A4 Use Class (Potential to Change Use to Cafe/Restaurant)
Extraction in Situ but No Gas
High Passing Trade
Ground Floor: Circa 711 .38 sq. ft
Basement: Circa 526.89 sq. ft
Currently Closed
LEASE DETAILS

Lease: Ending June 2041 (Inside the Act of 1954)
Passing Rent: £62,000 + VAT
Rent Review: Every 3 years
Next Rent Review: 2028
Premium : Price on Application
THE PREMISES

Ground Floor: Circa 711 .38 sq. ft
Basement: Circa 526.89 sq. ft
Payable Business Rates: Circa £21,581/annum (Rateable Value: £43,250)
Premises Licence in Place
Permitted Hours: Sun – Thu (11am- 11:30pm) & Fri-Sat (11am – 1am)
Currently Closed
THE LOCATION

Brick Lane, London E1
Sought after location
0.3 mile from Shoreditch High Street
Multiple independent cafes & restaurants Nearby
VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending June 2041 (Inside the Act of 1954)
Passing Rent: £62,000 + VAT
Rent Review: Every 3 years
Next Rent Review: 2028

Leasehold Rent:

£62,000 per annum