Restaurant/cafe for sale in Whitecross Street, London EC1Y

Guide price £120,000
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Restaurant/cafe for sale

Property description

Class A3 restaurant unit suitable for eat-in restaurant or coffee shop/bakery or Takeaway.

Ground floor 688.89ft², Basement kitchen 350.9035ft². Premium offers in the region of £120,000

Fully fitted & operational
Very close to town centre and station
Busy market street
High footfall
New Lease
location: The property is situated at Whitecross Street which is located in the St Lukes parish of Islington. Whitecross Street attracts thousands of customers each day for its street food that come from both The City and the fringe areas nearby. The restaurant is a 5 minute walk from Old Street Station as well as being a 5 minute walk from Barbican Station.

Description: The property comprises a Class A3 restaurant unit arranged over ground and basement floors and benefits from a covered outdoor seating area to the rear. The lease sale also comes with the license of the market stall directly outside the property. Both the lease and license are available together as an assignment from the landlord. The ground floor offers an open plan seating area for approximately 25-30 covers along with a bar/serving counter, part tiled/ part wood flooring and is in excellent decorative condition. The basement provides a full fitted kitchen (list of equipment to be included to be provided) with a good ceiling height and is also in excellent condition as well as male and female customer WC/washrooms.

Ground floor 688.89ft² , Basement kitchen 350.9035ft².

- Fully fitted & operational

- Popular residential area

- Close to town centre and station

- Busy market street

- High footfall

- New Lease

Premium offers in the region of £120,000

Letting £52,000 pa

Lease term 5 - 10 years

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