Restaurant to rent

Commercial Street, London, E1

£5,000 pcm

Property Description

Letting information:

Furnishing: Furnished
Letting type: Commercial

Full description

A great opportunity to lease this A3 Restaurant situated on the popular & trendy Commercial Street. The restaurant is fully air conditioned & includes a fully functioning professional kitchen & toilets for staff & separate toilets for customers. The restaurant is spread over the basement which has the kitchen & customer dining area over the ground & 1st floor. There are an additional 2 floors on top of the restaurant which can be used also for business purposes.

Drummond Street, London NW1 2PB

This is a single fronted commercial premises spread over 5 floors including the basement. The restaurant has been recently refurbished to a very high professional standard & is centrally located for the high foot fall attracted by Shoreditch.

Terms

Tenure: Leasehold
Premium: £200,000 (for benefit of the lease & fixtures & fittings)
Lease term: 15 years from May 2017 (FR&I Lease outside the security and provisions of the landlord and tenant act 1954)
Rent: £60,000 per annum
Rent review: Every 5 years
Deposit: 6 months deposit required by Freeholder
Rates: £9305.00 per annum
Local authority: Tower Hamlets
Class of Use: A3
Legal Cost: Incoming tenant will bear all the legal cost and also Incoming tenant to bear Freeholders management and legal cost

AGENTS NOTE: Oakford Estates Ltd as agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own independent experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested. No person in the employment of Oakford estates Ltd may make or give any guarantees or warranty in relation to this property.


Nearest stations

  • Aldgate East (0.2 mi)
  • Aldgate (0.2 mi)
  • Liverpool Street (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oakford Estates, London

42 Hampstead Road, London, NW1 2PY

020 8012 2880 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest stations

  • Aldgate East (0.2 mi)
  • Aldgate (0.2 mi)
  • Liverpool Street (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oakford Estates, London

42 Hampstead Road, London, NW1 2PY

020 8012 2880 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference OKF1001138. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakford Estates, London.

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