Restaurant/cafe for sale in 8 St John Street, London EC1M

£1,000,000 (£956.02/sq. ft)
Interested in this property? Call +44 20 8022 6032 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Restaurant/cafe for sale 1,046 sq. ft*

Property description

Location


The property benefits from an excellent trading position on the east side of St John Street, at the busy
junction with Smithfield Market, Charterhouse Street and Cowcross Street. Nearby occupiers include Pret, Paul, Gaucho, Smiths and St John.
Both Farringdon and Barbican Station are in close proximity and the location benefits from a high density of
office accommodation in the surrounding area.


Description


The building is set over basement, ground and first floors, with the entire property being within Use Class E
and trading as a pizza restaurant/takeaway.
The basement is used for storage whilst the ground floor is the main serving and seating area with a kitchen
to the rear. The first floor provides further seating area, office and customer toilet.


Gross
internal area


First Floor 22 sq.m 238 sq.ft
Ground Floor 41.5 sq.m 446 sq.ft
Basement 33.5 sq.m 362 sq.ft
Total 97 sq.m 1,046 sq.ft

All measurements stated are approximate


Tenancy information


The entire property is let on Fri terms to Pixxa Ltd on a 10 year lease granted outside the Landlord &
Tenant Act, expiring in December 2029, subject to a tenant only option to break in December 2024. The
passing rent is £35,000 per annum exclusive. There is an upward only rent review to open market rental
value in December 2024.


Planning and development


There exists a future opportunity to redevelop the property with an evident opportunity to add further
accommodation on several levels above, subject to planning.
Interested parties are advised to make their own enquiries in regards to planning.


Tenure


Freehold, subject to the existing tenancy.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Jarvis Keller, EC1M on +44 20 8022 6032 * (local rate)

Contact Jarvis Keller about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jarvis Keller, and do not constitute property particulars. Please contact Jarvis Keller for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

4 more properties like this

View all EC1M commercial properties for sale