This property is no longer on the market
Property
Property description & features
- 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
Places of interest
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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