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61 Royal Mint Street, London, E1 8LG

  • 1,400 sq ft
  • Lease Assignment
61 Royal Mint Street, London Lease Assignment - Named frontage photo.jpg
Property Type
Tenure Lease Assignment
Size 1,400 sq ft
Rent £25,000 per annum
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

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:

Name sq ft sq m
Ground 700 65.03
Basement 700 65.03
Total 1,400 130.06

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.