Exclusive restaurant for sale in Brick Lane London with 95-seat capacity and late-night license

Description

Located in the main food hub of Brick Lane, E1 6RU, this exclusive restaurant benefits from a prime position in a busy parade with strong footfall and high demand.The business operates from approximately 1,700 sq ft and currently offers seating for 95 customers, with significant potential to expand using the downstairs space, including private dining rooms and additional areas. The main dining floor includes a built-in bar, while the property also features a large, fully equipped kitchen with a built-in cold room. Customer facilities include separate male and female toilets.The premises benefit from a rare grandfather licence permitting trading from 12 pm to 3 am, making it the only unit in the parade with these extended hours.The lease is open and renewable, with an annual rent of £51,700 and rent reviews every four years, which have not yet been exercised. Business rates are £12,125.79 per annum.The premium for the business is £150,000.