Prime Restaurant Site in Shoreditch

Key Features

• New Lease
• Premises Licence till 12am
• Prime Location in Shoreditch
• Fitted Kitchen with Extraction
• Opposite Box Park and Shoreditch Station

Description

The restaurant is arranged over the ground floor and basement and can be arranged to accommodate approximately 50-60 covers plus a bar area. The existing fit-out is dated and the premises will need a full refurbishment to a modern standard. There is existing extraction to roof level.

Available area

The accommodation comprises the following areas:

Location

The premises are prominently located in Bethnal Green Road, opposite Shoreditch High Street Station and Boxpark in the ever popular Shoreditch/Spitalfields area of East London. The area boasts an abundance of high quality independent operators such as Smokestak, Pizza East, Lyle’s, Tonkotsu, Fiore Dell Amore, and Smoking Goat to name a few. Shoreditch House, Red Bull Gaming Sphere and Shuffle Club are all just moments away.

Tenure

A new FRI lease to be granted for a term to be agreed, subject to periodic upward only rent reviews.

Rent

Offers in excess of £90,000 per annum exclusive.

Planning/Premises Licence

The premises benefit from Class E planning use class, along with a premises licence which allows for sale of alcohol until midnight every day of the week except Sunday (23:30), with standard restaurant conditions.

VAT

VAT may be applicable to the rent, premium and other outgoings.

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.