Use Class E(a)
1,426 sq ft
1,426 sq ft
Marketed by Stephen Kane & Co
Prime Shoreditch Cafe Lease for Sale
ON THE INSTRUCTIONS OF APOSTROPHE RESTAURANTS LIMITED CONFIDENTIALLY AVAILABLE
The premises are situated in a prime position on Great Eastern Street linking Old Street to Shoreditch High Street being close to the junction with Curtain Road in this densely populated office and residential catchment area. Nearby occupiers include EAT, Pret a Manger, Pod, Itsu, Red’s True Barbeque, Pizza Express, The Book Club and Foxtons.
A1 - The Lease has an open user clause as a retail shop or as a restaurant or cafe and/or for the sale of take away food.
Strictly by appointment. Staff are unaware.
Accommodation details below:
|sq ft||sq m|
|Ground Floor Sales||723||67.2|
|Ground Floor Ancillary||45||4.18|
|Basement Kitchen / Ancillary||658||61.1|
The premises are held on an effectively full repairing and insuring lease expiring 24 December 2020. A 10 year reversionary lease commencing 25 December 2020 subject to a day 1 rent review, has recently been agreed and is contracted inside the Security of Tenure Provisions of the Landlord & Tenant Act 1954.
Each party is to be responsible for its own legal costs.
Premium - Offers Invited
2020/12 - 5 years
It is understood that from April 2017 the rateable value will be £53,500. Interested parties are advised to verify these figures by contacting the local authority, London Borough of Hackney 020 8356 3000.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
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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