Bars for rent - Southwark Street, London SE1, UK

£72,000 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Address:

London, SE1

Categories:

Bars, Businesses For Sale, Cafes, Commercial Property, Food Businesses, Leisure Businesses, Leisure Property, Pubs, Restaurants, Shops

Listed on:

24-02-2015

Commercial

Bankside

2,862 ft²


Description

Location:

The area boasts an abundance of tourists, residents & office workers. The premises are within close proximity to Borough Market, London's most renowned, largest & oldest food markets. There is an abundance of both corporate, multiple & independent leisure operators located within the market and nearby new developments behind The Tate Modern. London Bridge station is within a 5 minute walking distance and benefits from numerous Bus, Ferry, Underground & Overground transport links.

Description:

The premises are fully fitted to a high specification trading over ground and basement levels with the added benefit of a large external seating area. The ground floor accommodates a large bar area, storage, car parking and restaurant trade area. The basement is styled as a cocktail lounge & bar benefitting from large booth seating areas, spirit store, beer cellars, ample storage and both male & female WC's. The first floor (mezzanine level) accommodates the kitchen alongside a managers flat containing two double bedrooms & office. The premises also benefit from a dumbwaiter connecting all floors.

Floor Areas:

Ground: 93.88m2 / 1,010 Sq Ft

1st Floor: Management Flat & Kitchen Basement: 88.5m2 / 952 Sq Ft

Total: 182.38m2 / 1,962 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 part 2 as amended.

Passing Rent:

£72,000 per annum exclusive

Premium:

Offers in the region of £400,000.

License/Planning:

The premises benefit from A4 use, with a licence to sell alcohol and the following opening hours: Sunday - Wednesday: 08:00 to 00:30 Thursday: 08:00 to 01:30 Friday & Saturday: 08:00 to 03:30

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.

Viewings:

Through the vendors agent:

CDG Leisure (Attention of Charles Cohen)

e: charles@cdgleisure.com

a: 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com




Disclaimer

Property reference: cpna06qvvk

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: cpna06qvvk

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