The property is located on the north side of Bethnal Green Road which links Shoreditch High Street to the west and Cambridge Heath Road to the east. This building is situated within an established parade of retail units between Valance Road and Pollards Row. The property can be easily reached from Bethnal Green (London Overground Line) being within a short walk away, also the area is served by numerous bus routes.
This attractive A1 retail unit is currently occupied by a cafe business. The unit benefits from being located within well known established retail area with other occupiers including Percy Ingles, Boots, McDonalds. There has been an increasing number of Cafe Restaurants in the area which are supported by local residence and business located in Bethnal Green Shoreditch and surrounding areas. The unit has been recently refurbished throughout offering a fully fitted kitchen and a tastefully fitted out retail space. The unit also benefits from having a rear storage room. The unit offers a number of features including, serving bar, fully fitted kitchen, toilet.
Sales area Kitchen Storeroom Frontage (glazed)
215 sq. Ft. - 20.03 m2 (approx.) 114 sq. Ft. - 10.67 m2 (approx.) 109 sq. Ft. - 10.13 m2 (approx.)
2.51 meters
All the measurements have been measured as approximate.
Current lease
The current occupier would like to assign their current lease which commenced on the 14th
November 2018 for a term of 21 years with a tenants only break at the end of second year.
Current passing rent
£24,000 per annum per unit, exclusive (plus VAT)
Premium
The current tenant is seeking a premium of £25,000 for the benefit of the lease and the extensive fit out (schedule would be provided)