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Prominent Corner Restaurant Unit To Let To Let

London, UK
Asking Price:
£130,000 per annum
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises were previously trading as a fast food restaurant with approx. 70 covers seated in an open plan seating area on the ground floor, with a kitchen with full extraction facilities. The basement consists of a bar with surrounding open space, WCs, prep kitchen, walk-in refrigerator, and ample storage space.

the premises are very well positioned on the corner of Kingsland Road Located at its junction with Cotton Gardens and just north of the main junction with Old Street, Hackney Road and Shoreditch High Street. Old Street Underground Station and numerous bus routes are a short walk away.

Tenure: A new FRI to be granted with a term to be agreed with periodic upward only rent reviews.

Asking Rent: Offers in the Region of £130,000 per annum exclusive.

VAT: VAT may be applicable to the rent, premium and other outgoings.

Planning/Licence: The premises benefit from E Class use and a premises licence with the provision to sell alcohol with meals with the following times:
Mon to Wed 11:00-23:45, Thu to Sat 11:00-00:00 and Sun 11:00-23:15.

Holding Deposit: A holding deposit will be required to secure the property.

Key selling points:
New Lease with NIL Premium

Partial Fitout

Full Kitchen Extraction

Approx 70 Covers

Good Transport Links

Property Information

Property:

Leasehold

Leasehold Rent:

£130,000 per annum

Size in square feet:
3200 sqft