PROPERTY DETAILS

LEASE FOR SALE

323 Bethnal Green Road London E2 6AH

A1 retail unit within a Prime established retail location.

LOCATION

The property is located on the north side of Bethnal Green Road which links Shoreditch High Street to the west and Cambridge Heath Road to the east. This building is situated within an established parade of retail units between Valance Road and Pollards Row. The property can be easily reached from Bethnal Green (London Overground Line) being within a short walk away, also the area is served by numerous bus routes.

WWW.BRIANCROKER.COM | [email protected] | +44(0) 20 7293 0564

Please note: The above information has been provided in good faith but please verify the accuracy of all statements, opinions, measurements and values contained herein prior to submitting your offer as Brian Croker cannot give any guarantee as to their accuracy or be held liable for inaccuracies PROPERTY DETAILS

DESCRIPTION

This attractive A1 retail unit is currently occupied by a cafe business. The unit benefits from being located within well known established retail area with other occupiers including Percy Ingles, Boots, McDonalds. There has been an increasing number of Cafe Restaurants in the area which are supported by local residence and business located in Bethnal Green Shoreditch and surrounding areas. The unit has been recently refurbished throughout offering a fully fitted kitchen and a tastefully fitted out retail space. The unit also benefits from having a rear storage room. The unit offers a number of features including, serving bar, fully fitted kitchen, toilet.

ACCOMMODATION

Sales area 215 sq. ft. - 20.03 m2 (approx.) Kitchen 114 sq. ft. - 10.67 m2 (approx.) Storeroom 109 sq. ft. - 10.13 m2 (approx.) Frontage (glazed) 2.51 meters All the measurements have been measured as approximate.

WWW.BRIANCROKER.COM | [email protected] | +44(0) 20 7293 0564

Please note: The above information has been provided in good faith but please verify the accuracy of all statements, opinions, measurements and values contained herein prior to submitting your offer as Brian Croker cannot give any guarantee as to their accuracy or be held liable for inaccuracies PROPERTY DETAILS

CURRENT LEASE The current occupier would like to assign their current lease which commenced on the 14th November 2018 for a term of 21 years with a tenants only break at the end of second year.

CURRENT PASSING RENT £24,000 per annum per unit, exclusive (plus VAT) PREMIUM The current tenant is seeking a premium of £25,000 for the benefit of the lease and the extensive fit out (schedule would be provided)

BUILDING INSURANCE TBC

BUSINESS RATES We are informed by the Valuation Office Agency website that the Rateable Value of the Property is £11,000.00 for the 1st April 2019 to 31st March. The unit could qualify from having Retail Relief. Interested parties are advised to seek confirmation from the London Borough of Tower Hamlets on 020 7364 5010

LEGAL COSTS Each party to bear their own costs.

ENERGY PERFORMANCE CERTIFICATE The Landlord is arranging for a survey of the premises to produce an EPC. VIEWING

Please contact: Brian Croker Telephone: 020 7293 0564 Mobile: 07860 451 064 Email: [email protected]

WWW.BRIANCROKER.COM | [email protected] | +44(0) 20 7293 0564

Please note: The above information has been provided in good faith but please verify the accuracy of all statements, opinions, measurements and values contained herein prior to submitting your offer as Brian Croker cannot give any guarantee as to their accuracy or be held liable for inaccuracies