Business For Sale - Rosebery Avenue, London, UK

£80,000 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Address:

London, EC1

Categories:

Businesses For Sale, Commercial Property, Food Businesses, Leisure Property, Restaurants

Listed on:

24-02-2015

Commercial

Angel

3,000 ft²


Description

Location:

The premises are situated on Rosebery Avenue in the trendy and fashionable area of Clerkenwell. The location is extremely desirable to many operators as this area has become increasingly sought after due to the high density of offices and nightlife. Nearby operators include the famous Saddler's Wells Theatre, Cotton's Rhum Shack and Budgens mini market, to name but a few. You may further explore the area by clicking here.

Description:

The premises are fully fitted to a very good standard throughout. The ground floor is laid out to accommodate 60 covers with neutral décor and high ceilings. The basement has a fully fitted kitchen with a full extraction system and ventilation, a large walk in fridge, separate male and female toilets, staff locker rooms and ample storage facilities.

Floor Areas:

Ground: 157.9 m2 / 1,700 Sq Ft

Basement: 120.7 m2 / 1,300 Sq Ft

Total: 278.6 m2 / 3,000 Sq Ft

Tenure:

The premises are available by way of a new Full Repairing & Insuring Lease for a term of 15 years, subject to 5 yearly rent reviews. The lease is to be granted inside the security of tenure provisions of the Landlord and Tenant Act 1954.

Passing Rent:

£80,000 per annum exclusive

Premium:

Offers in the region of £300,000

License/Planning:

The premises benefit from A3 planning use and a premises license is in place allowing the sale of alcohol with the provision of food from 10.00am to 11.00pm Monday to Saturday and from 12.00pm to 10.30pm on Sunday.

Confidentiality:

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they unaware of an impending sale.

Holding Deposit:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.

VAE:

All rent and prices quoted may be subject to VAT. Possession: Immediate upon completion of all legal formalities.

Viewings:

Through the vendors agent:

CDG Leisure (Salvatore Di Natale)

e: salvatore@cdgleisure.com

a: 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com




Disclaimer

Property reference: cpbv6saqmj

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by CDG Leisure. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

This property is marketed by:

CDG Leisure
17 Cavendish Square, Marylebone, London W1G, UK

View more properties from this agent

Reference: cpbv6saqmj

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