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Late-Night Shoreditch Bar With 4AM Licence For Sale

Shoreditch, London, UK
Asking Price:
£100,000
Turnover:
On request
Net Profit:
On request

An attractive opportunity to acquire a fully fitted, late-night bar in London's Shoreditch Triangle, close to Old Street Underground Station. Offering a rare combination of substantial trading accommodation and a premises licence until 4am every day, the venue may appeal to experienced bar operators, hospitality groups and businesses seeking a presence in one of London's established nightlife destinations.

The property provides approximately 3,115 sq. ft. across the ground floor and basement, complemented by an external trading terrace. Currently trading as a bar, the premises offer an existing hospitality layout with the added flexibility of a free-of-tie lease, allowing an incoming operator greater independence over drinks purchasing arrangements.

With approximately 13 years remaining on the lease and premium offers invited in excess of £100,000, the venue presents an opportunity for an operator seeking a long-term position in Shoreditch's evening and late-night hospitality market. The combination of extended licensed hours, outdoor space and established bar facilities makes this a distinctive acquisition opportunity.

  • Shoreditch Triangle location close to Old Street Underground Station.
  • Fully fitted bar trading across ground-floor and basement levels.
  • Approximately 3,115 sq. ft. (289.5 sq. m.) gross internal area.
  • External trading terrace.
  • Existing premises licence until 4am, seven days a week.
  • Free-of-tie lease with approximately 13 years unexpired.

Property Information

Property:

Leasehold

Lease Terms:

The property is held under a free-of-tie lease with approximately 13 years remaining.
The passing rent is approximately £117,000 per annum.

Leasehold Rent:

Approximately £117,000 per annum per annum

Location:

The bar is situated within the Shoreditch Triangle, EC1V, in London, within close proximity to Old Street Underground Station.
The surrounding area is an established destination for bars, restaurants and late-night hospitality, providing a suitable setting for an operator focused on the evening and nightlife market.

Premises Details:

The property comprises a fully fitted bar arranged across the ground floor and basement, with a gross internal area of approximately 3,115 sq. ft. (289.5 sq. m.).
An external trading terrace provides additional space for customers.
The premises are currently trading and benefit from an existing licence permitting operation until 4am every day of the week.

Size in square feet:
Approximately 3,115 sq. ft. (289.5 sq. m.) gross internal area.

Business Operation

Expansion Potential:

The existing 4am premises licence offers flexibility for an operator seeking to develop a late-night bar concept, within the terms of the licence.
The external terrace provides an additional customer area, while the ground-floor and basement accommodation offers scope to explore different bar formats and hospitality concepts, subject to the necessary consents.
The free-of-tie lease also allows flexibility in drinks sourcing and supplier arrangements.

Trading hours:

Existing premises licence until 4am, seven days a week.