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Established Bar In Shoreditch 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.

Property ID: RPS-21078

MAIN FEATURES

Short-Term Lease Available (Sublease)
A4 Use Class
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 miles from Shoreditch High Street
Multiple independent cafes & restaurants Nearby

VIEWINGS AND CONFIDENTIALITY

All interested buyers must agree to a 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 to our terms & conditions.

DISCLAIMER

The above information is provided by the seller and is issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement 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 whatsoever in relation to this property.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
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