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No longer on the market

This property is no longer on the market

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Added > 14 days

Features and description

  • Tenure: Leasehold
  • A3 License Currently a restaurant
  • 2 Bedroom Flat upstairs
  • Rental income of £1800pcm from the 2 bed
  • Premimum £110,000
  • 9 Year open lease remaining
  • Seating capacity 50 people

This is a Unique Opportunity to acquire a fully functional Restaurant space in the heart of Commercial Road . The unit benefits from Excellent Location with Prominent frontage, Open Plan Layout, Excellent Natural Light, High Ceilings, Air Conditioning, fully fitted kitchens and separate toilets. This property also comprises of a 2 bedroom flat upstairs with the monthly rental income of £1800 per month.

The property is well located on commercial road , there are numerous cafe's, coffee shops, restaurants and bars within the immediate vicinity with many occupiers from the media, tech, creative & fashion industry. A few minutes' walk from Limehouse DLR station with numerous bus routes operating to the city - Available immediately.

9 years remaining on existing renewable (open) lease.

Rent: £20,000 per annum exclusive.

Premium: £110k

What is a premium? A premium is a goodwill you will be paying upfront to the current leaseholder for the benefit of the current lease terms, equipment known as fixtures and fittings, and any business trade which would be passed on.



Material Information
Council Tax Band :TBC

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About this agent

Js Estate Management - London
Js Estate Management - London
1a Rotherhithe New Road London SE16 2AH
020 8022 8165
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JS Estate Management Ltd in Canada Water has a wealth of local knowledge enabling us to help you find the right property, in the right location, at the right price. With many combined years experience in selling and letting properties, our friendly staff always make every effort possible to find properties that meet all of your individual requirements.
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