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

City of London, London, ID 169000

Exclusive restaurant for sale in Brick Lane London with 95-seat capacity and late-night license 1
Exclusive restaurant for sale in Brick Lane London with 95-seat capacity and late-night license 1
Asking price:
GBP£160 000
Owner
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Description

Business type: restaurant

Location: Brick Lane, London E1 6RU

Tenure: leasehold

Premium: £150,000

Financial Information

Annual rent: £51,700

Annual business rates: £12,125.79

Lease Terms

Lease status: open and renewable

Rent reviews: every four years

Previous rent reviews: not exercised

Premises

Total floor area: approximately 1,700 sq. ft

Current seating: approximately 95 customers

  • Main dining area
  • Built-in bar
  • Lower-ground-floor space
  • Private dining rooms
  • Additional customer areas
  • Separate male and female toilets

Kitchen

  • Large commercial kitchen
  • Full catering equipment
  • Built-in cold room

Licensed Hours

Permitted trading hours: 12:00 pm–3:00 am

Licence basis stated by the seller: grandfather rights

Development Option

Additional seating may be created within the downstairs areas.

Details

Real Estate: Lease
Square m2: 518
Asking price: 160 000 gbp
Rent (per year): 51 700 gbp

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