020 7377 1555

Restaurant To Rent in Dalston - Fixed Price £731 pw

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Fantastic location

Restaurant and Bar

Club + Live music venue

High footfall

Close to Dalston Kingsland Station

Clarke and Lloyds property consultants are pleased to offer this fantastic opportunity to acquire in the heart of vibrant and flourishing Dalston Kingsland. The highly sought after area offers tremendous amount of investment opportunities by major retail and property development industries. Its adjacent to several iconic venues such as Dalston Superstore (catering to the LGBT community) and independent cinema venue Rio Cinema. Major music venue in Shoreditch, Village Underground has recently acquired local venue Efes Bar which was the old ABC cinema for development.

The premises consist of ground floor and lower ground floor. The ground floor comprises of restaurant/bar with a food and alcohol licence with 50 people seating capacity (additional 10 at the front area) and till 1am licence. Further includes decent terrace, a fully equipped kitchen, a preparation room, walk in-cold room and two separate toilets.

The lower ground floor is a bar/club/live music venue with its own separate entrance and capacity to accommodate 100 persons, with 2am licence. The floor is currently being sublet and contribute £24k per annum (bills included) towards the total rent. They are happy to continue this arrangement or indeed one suitable to potential buyers. If required, the property can be available with vacant possession

DETAILS:
Tenure:- Leasehold
Lease:- The property is available by way of lease assignment from our client. Approximately 5 and half years left out of a 20 year lease (RENEWABLE)
Passing Rent:- £38,000.00 per annum, all excluding
Rent review:- Every 5 years.
Premium:- Offers invited In excess of £250,000
Business Rates:- Approximately £10,000 per annum. Interested parties are advised to make their own enquiries with the Local borough of Hackney
Viewing:- Strictly by appointment via Clarke & Lloyds Property Consultants


Please call now to arrange a viewing as soon as possible.

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.