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Commercial
Type: For rent
Tenure : Leasehold
Class: A4 Drinking Establishments
Address: Middlesex Street, London E1, UK
Categories:
Bar / Nightclub
Pub
Restaurant
Rent: £50,000
Min size: 2,220.00 sq ft

Location:

The property is situated in a good position on Middlesex Street, which runs through from Bishopsgate to Aldgate. Aldgate underground station is a 3 minute walk from the premises. The road is extremely busy with operators which include Pod, Pizza Union, and Happy Days in close proximity. There are plenty of new developments that have reached completion on the road attracting interest fromboth occupiers and consumers.

 

Description:

Ground floor: Currently trading as a high end Kosher restaurant with high quality fixtures and fittings, a fully fitted kitchen and a large bar, laid out to accommodate approximately 60 covers. Mezzanine: Male and female toilets with a seating area for approximately 20 covers.

 

Floor Areas:

Ground Floor: 152.18 m2 / 1,638 Sq Ft

Mezzanine: 54.07 m2 / 582 Sq Ft

Total: 206.25 m2 / 2,220 Sq Ft

 

Tenure:

We are offering an assignment of existing Full Repairing and insuring lease granted for a term of 10 years from Dec 2011 subject to a review after the 5th year. The lease is granted inside the security of tenure provisions of The Landlord and Tenant Act 1954.

 

Passing Rent:

£50,000 per annum exclusive

 

Premium:

Offers in the region of £175,000

 

License/Planning:

The premises benefit from A3 planning use, with a premises licence to sell alcohol with or without the provision of table meals until 1.30am, every day of the week Confidentiality: This sale is highly confidential under no circumstances should a direct approach be made to staff as they are 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 Emma Cousins)

e: emma@cdgleisure.com

a: 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com


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Bar / Nightclub for rent - Middlesex Street, London E1, UK

Listed on: 24 February 2015
£50,000 Per annum
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