Location: The subject premises occupy an outstanding and highly visible trading position among other complementary independent operators in the prosperous and well-populated Commercial Street in Aldgate & within a short walk of Spitalfields and Petticoat Lane markets. The property is well connected with London Transport links, Liverpool Street, Aldgate East and Shoreditch High Street overground stations are within a short walking distance. The area is also well served by numerous bus services
description: The unit benefits from an extraction system and fully equipped kitchen/prep area. In addition there is a large seating are. The premises is located in an area with a perfect footfall and would ideally suit a variety of restaurant/take-away operators
uses: A3 with Alcohol License
premium: 75,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
Rental: 35,000 per annum
terms: An assignment of an existing lease expiring March 2023. A new lease is also available by a separate arrangements
business rates: 8,000 per annum approximately. Interested parties are recommended to make their own enquiries with the Rating Department of Bristol Council
size: Approximately 625 sq ft
opening hours: Lunch Times Monday - Friday 1:30 a. - 14:30 p.m & Dinner 6:00 p.m - 11:00 p.m & Saturday - Sunday 6:00 p.m - 11:00 p.m
staff: Owner managed with 4 staff
turnover: Current turnover in excess of 364,000 per annum approximately
accounts: Available on request
legal cost: To be confirmed
local authority: Tower Hamlets
energy perfirmance certificate: Energy Performance Asset Rating is 77: D Rating. A copy of this propertys energy performance certificate is available on request
reference charge: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
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 London Properties client account
fixture & fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
agent note: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
viewings: Through London Properties by appointment only