Brick Lane E1

LOCATION
Situated on the iconic Brick Lane, E1, the property benefits from a vibrant and well-established East London location renowned for its diverse food scene, independent retailers, cafés, restaurants and creative businesses. Brick Lane attracts strong levels of pedestrian footfall throughout the week, with particularly high activity from local residents, office workers, students and visitors.

The property is also conveniently positioned for Shoreditch, Spitalfields, Whitechapel and the City, providing excellent connectivity to surrounding commercial and residential areas. With its established reputation as a destination for food, leisure and independent businesses, Brick Lane offers an attractive setting for a variety of commercial and food-and-beverage operators.

DESCRIPTION
Tony Alan Estates are pleased to present this fully fitted ground floor commercial premises at Brick Lane, London, E1 6RF, situated in one of East London's most recognised and established commercial locations.

Extending to approximately 801 sq ft, the premises are currently fitted and operated as a modern salad bar, offering an excellent turnkey opportunity for an incoming operator. The property benefits from a contemporary fit-out, existing fixtures and furnishings, WC facilities and an established energy supply.

The £45,000 business premium (or nearest offer) includes all existing fixtures, fittings and furnishings, allowing a new operator to take advantage of the existing setup with minimal initial fit-out requirements. The premises could suit a variety of food, beverage, retail or other suitable commercial uses, subject to the necessary planning and licensing consents.

The property occupies a prominent position on Brick Lane, benefiting from strong pedestrian activity and being surrounded by a diverse mix of independent retailers, cafés, restaurants and other businesses. Aldgate East, Aldgate and Shoreditch High Street stations are all within close proximity, providing convenient access to the wider London area.

ACCOMMODATION
The property comprises a ground floor commercial unit extending to approximately 801 sq ft (74.4 sq m), currently arranged and fitted for use as a modern salad bar.

The accommodation provides an open-plan customer/service area, fitted food preparation facilities, existing fixtures and furnishings, together with WC facilities and an established energy supply.

The existing fit-out and furnishings are included within the £45,000 business premium, subject to the terms agreed between the parties.

AMENITIES
The premises benefit from approximately 801 sq ft of ground floor accommodation, a fully fitted and furnished interior, existing salad bar fit-out, fixtures and furnishings included within the business premium, WC facilities and an established energy supply. The property occupies a prominent position on Brick Lane with strong pedestrian footfall and excellent access to Shoreditch, Spitalfields, the City and surrounding areas via nearby public transport links.

SERVICES
The premises benefit from an established electricity supply, together with water and drainage connections serving the WC and existing commercial facilities. Further information regarding utility arrangements, meter readings and any additional services can be provided upon request.

TERMS
The premises are available by way of a new lease, subject to contract and the usual legal formalities. The quoting rent is £24,000 per annum, exclusive of business rates, utilities and any other applicable charges.

A business premium of £45,000 (or nearest offer) is sought for the existing fixtures, fittings, furnishings and goodwill.

For further information, to arrange a viewing or to discuss the opportunity, please contact our office today. Early enquiries are highly recommended.

OUTGOINGS
The current business rates are understood to be approximately £14,000 per annum. Interested parties are advised to make their own enquiries with the local authority to confirm the current rateable value, applicable reliefs and actual business rates payable.

VAT
Interested parties are advised to make their own enquiries regarding any VAT applicable to the rent, business premium or other charges.

LEGAL COSTS
The incoming tenant/buyer will be responsible for the vendor´s legal costs and their own legal costs in connection with the transaction.

SERVICE CHARGE
The service charge, if applicable, is to be confirmed. Further details will be provided by the agent upon request.

VIEWING
Viewings are strictly by prior appointment and can be arranged through Tony Alan Estates. Interested parties are encouraged to contact our office to arrange a convenient viewing time and discuss the opportunity further.