Tower Bridge 1am Bar

Key Features

• Beautiful Fit Out
• 1am Bar Licence in Situ
• Ground Floor and Basement
• Nearby to Tourist Attractions
• Low Passing Rent and Premium

Description

The premises are fitted out beautifully as a bar/nightclub to accommodate 40 covers. The ground floor holds a bar with seating areas, customer toilets and a compact kitchen situated in the rear of the unit. The basement includes several storage rooms.

Available area

The accommodation comprises the following areas:

Location

The premises are located on Royal Mint Street, in the heart of Tower Bridge. It's located close to exciting tourist attractions and F&B operators such as the Tower of London, Crown Jewels, Bon Appetit Lebanese, Bento Bab and Mahogany Bar to name a few. Transport links are excellent with Tower Hill Underground Station and Tower Gateway in the vicinity, with access to the Circle & District Line and the DLR.

Tenure

An assignment of the existing lease for 25 years from March 2015, expiring in March 2039, subject to 5 yearly rent reviews.

Passing Rent

The passing rent is £25,000 per annum exclusive.

Premium

Offers in the region of £15,000.

VAT

All prices are quoted may be subject to VAT if applicable.

Planning/Licensing

The premises benefit a Sui Generis planning use and have a premises licence in place to sell alcohol, without the provision of food, with the following days and hours: Sunday to Wednesday until midnight and Thursday to Saturday until 1am.

Holding Deposit

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

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.