LEASE FOR SALE - £150,000
Lease for sale for large restaurant within a converted pub spread over 3 levels and over 3200 square feet.
Details - LOCATION
Located on the busy stretch of Mile End Road close to both Stepney Green and Mile End Underground Stations.
Queen Mary University campus is located just a short walk giving a perfect opportunity for regular custom.
The direct area has undergone a big change in the last few years with the opening on the new Crossrail Link due to open late 2019:
http://www.crossrail.co.uk/route/stations/whitechapel/
A brand new 88 room Travelodge Hotel is also due to open in 2019 which is located just a few moments walk from this property.
www.lpcliving.co.uk
LEASE FOR SALE - £150,000
11 years remaining on lease (currently £40,000+vat per annum).
The property is spread over 3 levels (approx 3200sqf) and has had a extensive refurbishment throughout. ACCOMMODATION
The ground floor features seating for 45, bar area, bespoke clay oven and access to fully equipped kitchen. The area male and female W/C's located to rear.
The lower floor features additional eating for 35, built in bar and 2nd kitchen/preparation room.
The 1st floor includes a large function room, 2 w/c's and rear storage room which has access to outside space. TERMS
11 years remaining on lease.
Rent paid per quarter.
No break clause.
£5000 deposit. OUTGOINGS
£10,000 per annum.VAT
The property is subject to VAT. (currently £40,000+VAT)LEGAL COSTS
Each party to cover their own legal costs.SERVICE CHARGE
N/AVIEWING
Viewings are strictly by appointment only.