PRIME CITY OF LONDON – A3 LEASE FOR SALE Hai Street Kitchen, 38 Leadenhall Market, London, EC3V 1LT www.mkrproperty.co.uk LOCATION The subject premises are prominently located in an extremely high fooEall locaon on Lime Street Passage in the heart of this thriving and historic market. The market, which is hugely popular with city workers and tourists alike, boasts an array of high end retailers, restaurants, bars and cafes. Operators include Leon, Torlla, Chop’d, Chamberlains, Loch Fyne and Bibimbap. DESCRIPTION The property is extremely well fiPed having undergone an extensive fit out in 2014 at an esFmated cost of £350,000. The ground floor comprises a long servery with under counter fridges and food prep area. The basement consists of a fully fiPed kitchen with extracFon, staff WC’s / changing room and a small office. The mezzanine is the main seang area with approximately 18 covers. There is a premises license in place which allows both on & off sales from 11am-9:30pm Monday to Friday. The property which has ceased trading is arranged as follows: Ground floor 242 sq b / 22.49 sq mt Basement 243 sq b / 22.57 sq mt Mezzanine 224 sq b / 20.84 Outside terrace of circa 20 covers (separate license) LEASE Available by way of an assignment of the exisFng 20 year lease due to expire in 2022 at a rent of £48,500 pax. The lease is subject to five yearly rent reviews with the next in June 2017. It is our understanding that the lease is contracted inside the security of tenure and compensaon provisions of the Landlord & Tenant Act 1954. BUSINESS RATES Rateable value £32,750 UBR (2016/17) 49.7 Rates payable £14,776 (including retail relief) Interested parFes are advised to make their own enquiries with the Local Authority (020 7332 1318) REDUCED PREMIUM Offers in excess of £100,000 to include all fixtures and Further informaKon / viewings: fings. Marc Rogers www.mkrproperty.co.uk 07816764653 [email protected] A copy of the EPC is available upon request MISREPRESENTATIONS ACT 1967 & PROPERTY MISDESCRIPTIONS ACT 1991 These sales parFculars and enclosures are intended only to give a fair descripFon of the property and do not form the basis of any contract or any part thereof. The descripFons, dimensions and all other informaon are believed to be correct but their accuracy is in no way guaranteed. The purchaser or lessee will be responsible for sasfying themselves on all maers relevant to any developments he/she may propose to carry out and neither the Vendors nor their agents accept liability in respect thereof. These parFculars do not consFtute 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 representaons or warranty whatsoever in relaon to this property. These details are believed to be correct at the Fme of compilaon but may be subject to subsequent amendment. .