Red House, 299 Barking Road, London, E13 8EQ
Size
6,102
Lease length
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EPC
Parking
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Spaces
2
- Size
- Price
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- Price per
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- Primary use
- Other leisure
Key features
- Located on a busy arterial road (A124)
- Refurbished bar & lounge
- Premises benefits from modern interior
- Premises licence and late licence for Thursday, Friday and Saturday evenings
- Situated in a disreable location in east London
- Scope to increase services for restaurant and entertainment
- No rates payable due to rates relief
Description
Desirable east London bar available on a lease assignment
Additional information
- Let type
- Ask agent
- Let contract length
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- Status
- Available
- Date available
- 11 December 2024
- Service charge
- Ask agent
- Business rates
- Ask agent
- Size
- Price
- Ask agent
- Price per
- Ask agent
- Primary use
- Other leisure
Key features
- Located on a busy arterial road (A124)
- Refurbished bar & lounge
- Premises benefits from modern interior
- Premises licence and late licence for Thursday, Friday and Saturday evenings
- Situated in a disreable location in east London
- Scope to increase services for restaurant and entertainment
- No rates payable due to rates relief
Description
Desirable east London bar available on a lease assignment
Additional information
- Let type
- Ask agent
- Let contract length
- Ask agent
- Status
- Available
- Date available
- 11 December 2024
- Service charge
- Ask agent
- Business rates
- Ask agent
Key features
- Located on a busy arterial road (A124)
- Refurbished bar & lounge
- Premises benefits from modern interior
- Premises licence and late licence for Thursday, Friday and Saturday evenings
- Situated in a disreable location in east London
- Scope to increase services for restaurant and entertainment
- No rates payable due to rates relief
Description
The subject premises is prominently located on a main arterial road and has recently undergone refurbishment, featuring a modern fit-out. There is significant potential to expand the business by introducing additional food and drink offerings during the evening. The property also includes an external forecourt and an unused basement, which could be repurposed as a function room or a separate venue.
Location
The 'Red House' premises is situated on the north side of the busy Barking Road (A124), approximately 0.6 miles east of Canning Town. The location offers convenient access to the A13, providing westbound connections to Canary Wharf, Docklands, and the City. Heading east, the A124 leads towards Plaistow.Canning Town Station, 0.7 miles from the property, offers Jubilee Line and DLR services, while Plaistow Station, 0.9 miles away, provides access to the District Line. Additionally, Custom House DLR Station is located 1.2 miles south of the premises. Several bus routes serve the area, offering excellent connectivity to various parts of east London.
Lease and Rent
The property is available on an effective FRI lease for a term of 20 years with effect from 30/05/22, subject to a rent of £45,207.80 pax plus VAT and rent review on a five yearly basis and increased by annual RPI (collared and capped between 2.5% and 5%).
Legal costs
Each party to bear their own legal costs in the transaction. The prospective assignee to give a solicitor undertaking to pay for the landlords legal and surveyor costs.
Premium
On request.
- Let type
- Long
- Let contract length
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- Status
- Available
- Date available
- 11 December 2024
- Service charge
- Ask agent
- Business rates
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- Use class
- Sui Generis
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Red House, 299 Barking Road, London, E13 8EQ
About Dobbin & Sullivan, London
Dobbin & Sullivan provide a personalised service where clients select the correct level of input for their particular requirement. Our expertise and experience enable us to provide a comprehensive and diverse range of commercial property solutions dynamically and effectively.Our core principle that each instruction retains its level of importance and our ability to remain focused upon our clients' aim has provided growth through recommendation and reputation.
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Disclaimer - Property reference 273373-2. 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 Dobbin & Sullivan, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.