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Prime E Class Cafe Premises Holborn For Sale

Holborn, London, UK
Asking Price:
£100K - £200K
Turnover:
Undisclosed
Net Profit:
Undisclosed

Prime 1,100 sq ft Class E cafe premises in Holborn, occupying a high-footfall position close to LSE, King’s College London and Covent Garden. The ground-floor premises are very well fitted out and include toilets, generous storage and a small staff room.

Excellent transport links and proximity to university campuses, theatres and established food and beverage operators support strong passing trade. The existing lease runs until March 2037 and is inside the Landlord and Tenant Act 1954.

Available by lease assignment at offers in the region of £95,000, with current rent of £85,000 per annum exclusive. Enquire for further information.

Property Information

Property:

Leasehold

Leasehold Rent:

£85,000 per annum

Location:

High-footfall Holborn location at the southern end of Kingsway, close to LSE and King’s College London campuses and Covent Garden’s theatres. The area benefits from excellent transport links and substantial passing footfall throughout the week.

Premises Details:

Approximately 1,100 sq ft of accommodation arranged entirely on the ground floor and fitted out to a very good standard. The premises include toilets, ample storage space and a small staff room.

The existing lease expires in March 2037, with five-yearly rent reviews and the next review in 2027. Current rent is £85,000 per annum exclusive. The lease is inside the Landlord and Tenant Act 1954.

Size in square feet:
1,100 sq ft

Business Operation

Competition / Market:

The surrounding area includes established cafe, coffee and food operators.