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5 Groveland Court Groveland Court, City of London, EC4M 9EH

£ 55,000 pa / 1,225 sq ft
5 Groveland Court
Use Class

Use Class

SG

Size

Size

1,225 sq ft

Rent pa

Rent pa

£55,000

PRIME CITY A4 BAR TO LET

LICENSE

The premises benefits from an excellent 2am license and allows for drinks without food.

A niche bar in the heart of the City Of London in very close proximity to both St Pauls and Bank tube stations. The premises are located on Groveland Court which is accessed from Bow Lane. Cheapside runs to the North of Bow Lane and Watling Street to the South.

Key Information

Viewing

Strictly by prior appointment through sole agents Nash Bond.

Legal

Each party to bear its own legal costs.

Accommodation

1,225 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
1,225
116

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of a new lease. This lease will be granted outside the Landlord and Tenant Act. The lease will be subject to 5 yearly upward only rent reviews.

Rent

£55,000 per annum exclusive of rates, service charge & VAT (if applicable). Operators will be expected to pay the higher of the base rent or percentage of turnover (for them to propose).

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£67,500.00
Rates payable:
£34,020.00

Sustainability

Available on request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 05/04/2023