Restaurant/cafe to let in Toynbee Street, Spitalfields E1
£16,500 pa (£7800.00/sq. ft. pa)
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- Premium £90,000
- Uses A3
- Rental £16,500 per annum
- New 16 years lease
- Approximately 650 sq ft
- Opening Hours Monday - Sunday 11:00 a.m till 8:00 p.m
- Owner managed with 2 staff
- 30 covers
Location: The premises are prominently located on Toynbee Street, close to its junction with White Rows, running parallel with Middlesex Street. Immediately to the north is the historic Spitalfields Market with its bustling street life, burgeoning artistic scene and variety of restaurants, added to this the property also benefits from the dominance of office and residential occupiers in the surrounding area. The property occupies a good trading position with good footfall, just a few minutes’ walk from Liverpool Street and Aldgate East stations
description: The premises are currently trading successfully as a Chicken/Kebab & Indian takeaway which has been fitted out to a high standard. The premises have the benefit of a fully fitted kitchen with prep area, WC, storage room and a door leading to side access for deliveries.
premium: £90,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
Rental: £16,500 per annum
terms: New 16 years lease
business rates: Nil. Interested parties are advised to make their own enquiries to the local authority.
Size: Approximately 650 sq ft
opening hours: Monday - Sunday 11:00 a.m till 8:00 p.m
staff: Owner managed with 2 staff
covers: 30 covers
turnover: Current turnover in excess of £364,000 per annum approximately
accounts: Available on request
legal cost: To be confirmed
local authority: Tower Hamlets
reference charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord
holding deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
fixture & fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
agent note: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
viewings: Through London Properties by appointment only.
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* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by London Properties, and do not constitute property particulars. Please contact London Properties 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.
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