Takeaway & Cafe for Sale near Hatton Garden
Property ID: RPS-23349
PROPERTY & BUSINESS SNAPSHOT
Type Fully fitted takeaway & cafe
Location Prime location in EC1N postcode
Lease expiry Ending in September 2029 (Inside the 1954 Act)
Rent £46,000 p.a. exclusive
Rent review Every 5 years
Floor area (approx) Circa 309 sq. ft
Covers Circa: 14 inc. outdoor seating
Rateable value 37,750
Business rates payable Circa £10,931 p.a. (discount applied)
Permitted use Class E (Cafe)
Turnover Circa £364,000 (circa £7,000/week)
Ancillary Extraction in place
Premium £119,000 (Lease, goodwill and FF&E)
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
3-6 month's rent deposit required (subject to references)
Other usual checks will be carried out
MAIN DETAILS
Situated at a busy Leather Lane market and established over 10 years as a takeaway & cafe business
Right at the centre of London's famous jewellery district, just moments from Farringdon and Chancery Lane stations
Surrounded by the Rosewood London and The Zetter Clerkenwell nearby, close to Gray's Inn and the Inns of Court, and a short walk from LSE and UCL.
Benefits from extraction system and other commercial equipment
Our client manages the business with 3 staff members generating a gross turnover in the region of £7,000 per week
Currently the business operates between 11am till 3pm and closed on Saturdays & Sundays offering opportunity to extend opening hours
THE LOCATION
Excellent Central London position EC1N postcode
Strong footfall area with easy access to Farringdon Station & Chancery Lane
Several street-food scene in close proximity
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
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.
