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Middlesex Street, London, E1

  • Cafe (A1) / Restaurant
  • 650 sq ft
  • Lease Assignment
Middlesex Street, London, Cafe (A1) / Restaurant Lease Assignment - Hipster fast food.jpg
Under Offer
Property Type Cafe (A1) / Restaurant
Tenure Lease Assignment
Size 650 sq ft
Energy Performance Rating Upon enquiry

Fully Fitted Grab 'n' Go Unit Close to Liverpool Street

Key Features

  • Newly Fitted Out
  • Low rent
  • Potential Outside Seating
  • Very Busy Location Close to Liverpool Street Station
  • Low Premium

Description

Fully fitted as a 'grab n go' premises which has been recently fitted out to a very good standard. The unit is equipped with various serving counters and fridges, and there is also a small WC for staff use only. There is a a kitchen extraction installed but only for light cooking use.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 650 60.39
Total 650 60.39

Location

The premises is located on Middlsex Street in a very prome position just off Liverpool Street. Transport links are excellent with Liverpool Street Staion being only a short walk away.

Tenure

An assignment of the existing lease expiring in January 2033, subject to 5 yearly rent reviews. The lease is drawn outside the security of tenure provisions of the Landlord and Tenant Act.

Passing Rent

Stepped Rent 2023-2024 47,000 p.a.x. - 2024 -2025 48,000 p.a.x..- 2025-2026 49,000 p.a.x..- 2026-2027 50,000 p.a.x.- 2027-2028 51,000 p.a.x.

VAT

All prices quoted may be subject to VAT if applicable.

Premium

Offers in the region of £75,000.

Planning

The premises benefit from E class planning use.

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale

Holding Deposit

A holding deposit will be required to secure the property and will secure a period of exclusivity and will be held in the CDG Leisure client account.