London, EC3, 18-22 Houndsditch / Dukes Place

• selsian leisure property consultants

LATE LICENSED A3 / A4 UNIT TO LET – ENHANCED SHELL 6,271 SQ FT (583 SQ M)

LOCATION The property is located in The City of London on Houndsditch which links Bishopsgate to Aldgate. Opposite is the new St Botolph’s Building (http://www.thestbotolphbuilding.co.uk/) that provides over 500,000 sq ft (46,450 sq m) of offices which we understand is now fully committed. At the Bishopsgate end of Houndsditch is The Heron Tower (http://www.herontower.com/) whilst nearby leisure occupiers include All Bar One, Barracuda (The Alchemist), Costa Coffee, Slug & Lettuce, Starbucks, Subway and Tesco.

DESCRIPTION The demise is located on the ground floor and basement beneath offices, is offered in enhanced shell condition and has the following approximate gross internal floor areas:

Ground 1,861 sq ft / 173 sq m Basement 4,410 sq ft / 410 sq m Total 6,271 sq ft / 582 sq m

TENURE The unit is available by way of a new effective full repairing and insuring lease, incorporating regular rent reviews, for a term of years to be agreed at a rent of £125,000 per annum exclusive.

PREMISES LICENCE The current licence is still active and allows the sale of alcohol with a terminal hour of 3 am on Monday, Tuesday & Wednesday, 4 am on Sunday & Thursday and 6 am on Friday & Saturday. The demised is also licensed for the provision dance and live music – full details and times upon request.

BUSINESS RATES We have been advised by The Valuation Office Agency website that the current Rateable Value is £46,250 which at 45.8 pence in the £ give rise to approximates rates payable of £21,500 for 2012/13 although interested parties are advised satisfy themselves in regard to this.

PLEASE NOTE All figures quoted are exclusive of VAT which could be chargeable on the rent, rent deposit and premium / price, no services or equipment have been tested, no trade is sold or warranted, an EPC is available upon request, possession will be granted only upon completion of the legal formalities and each party is to bear their own legal costs.

For further information contact: Stephen Bagatti [email protected] 020 7193 9277

MISREPRESENTATIONS ACT 1967 & PROPERTY MISDESCRIPTIONS ACT 1991 These sales particulars and enclosures are intended only to give a fair description of the property and do not form the basis of any contract or any part thereof. The descriptions, dimensions and all other information are believed to be correct but their accuracy is in no way guaranteed. The purchaser or lessee will be responsible for satisfying themselves on all matters relevant to any developments he/she may propose to carry out and neither the Vendors nor their agents accept liability in respect thereof. These particulars do not constitute any part of any offer or contract. The Vendors do not make or give, nor does any other person in their employment have any authority to make or give, any representations or warranty whatsoever in relation to this property. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.