VIEWING La Ferme In the first instance, viewing on a customer basis is recommended, however, no approaches to staff should be made. 102 -104 Farringdon Road, EC1R 3EA Following an initial customer visit, formal viewings can be arranged via the London office - 020 7280 4700. Leasehold LOCATION £175,000 The subject premises occupies a prominent position at the entrance of with frontage on the busy junction of Farringdon Road · Adjacent to Exmouth Market (A201) and Rosebery Avenue, opposite Mount Pleasant Post Office. · Area of high local footfall · Includes a delicatessen Situated in the heart of the popular area of and within 10 minutes walk of Smithfield Market, with Crossrail, · Space for 43 covers various tube lines and Thameslink. The immediate area is a mixture of · Recent contemporary fit-out media and technology companies and good quality residential properties.

SOLE SELLING RIGHTS DESCRIPTION Ground floor and basement of a double fronted mid terrace character REF: R-75858 property. Glazed and timber frontage under prominent signage.

LOCATION MAP ACCOMMODATION Ground Floor The property is divided into two areas with a delicatessen and restaurant space with an interconnecting doorway. The deli is arranged with a food counter, product shelving and tall wine tasting table. The restaurant is set in a contemporary French style with comfortable seating for circa 43 covers.

Commercial kitchen to the rear of the deli space with stainless steel mechanical extraction.

Basement Substantial storage space with walk in fridges, dry store and area converted for office space. Dual staircases allow access to the ground floor.

Map Data ©2017 Google FLOOR AREAS / SITE AREAS According to the Valuation Office Agency website, the Net Internal Area TRADE is: La Ferme currently trades as a French restaurant and delicatessen Basement Internal Storage 57 m² selling French food and wines. Our client has provided trading accounts Ground Retail Zone A 35.2 m² which show turnover net of VAT to year ending 30th November 2016 of Ground Retail Zone B 24.1 m² £220,374. Ground Internal Storage 2 m² Ground Internal Storage 6.1 m² La Ferme also has a street market food business which may be Ground Kitchen 16.4 m² acquired alongside the restaurant. Trading accounts to years 31 August Total 138.1 m²

2015 and 2016 show net turnover as £197,915 and £154,021 respectively. Further details are available upon request. TENURE Leasehold. 9 years remaining on a 12 year FRI lease with effect from 18th December 2014. The passing rent is £60,000 per annum with the th next rent review due 18 December 2019.

LICENCE A premises licence prevails, the main licensable activities being:-

Sale by retail of alcohol (on and off the premises) Monday - Saturday 11.30 a.m. - 11.00 p.m.

BUSINESS RATES & COUNCIL TAX The property is in an area administered by Islington Council and we are advised that the current Rateable Value is £29,500. Transitional rates relief may apply to this property

SERVICES We are advised that the premises is connected to all mains services.

PLANNING & DEVELOPMENT The property is not a listed building, however, does sit within the Rosebery Avenue Conservation Area.

VAT All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where applicable. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for professional advice in this respect.

4 Roger Street, London WC1N 2JX T 020 7280 4700 E [email protected] fleurets.com - Our Reference: R-75858

© Copyright Fleurets 2017

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EPC The property has an EPC rating of C.

FURTHER INFORMATION For further information please contact: Andy Frisby at our London office on 020 7280 4700 or email [email protected]

DISCLAIMER

Fleurets Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Fleurets Limited has any authority to make or give any representation or warranty whatever in relation to this property.

4 Roger Street, London WC1N 2JX T 020 7280 4700 E [email protected] fleurets.com - Our Reference: R-75858

© Copyright Fleurets 2017