Harrow Place, London E1

  Ref 024245    

Harrow Place, London E1

Ref 024245

  • £37,500 pa  

    Let

    £37,500 pa  

    Let

  • Description

    We are pleased to offer these A3 premises with vacant possession, however the current occupiers are not selling the business but will leave certain fixtures and fittings in situ, such as extraction, counters and some built-in seating, if required.

    The premise are arranged over ground and 1st floor with kitchen at the rear of the ground floor and male & female WC’s at first floor level plus extra space which could be used as additional customer seating or possibly sub-let as there is a separate entrance to the rear that could be utilised.

    This is a great opportunity to get into a vibrant location with minimal fit-out costs.

    There is a small area to the front of the property which could be used for some al fresco seating.

    Gallery

    Areas

    Ground floor - 8.8m deep x 5.4m wide
    1st floor - 7.9m deep x 5.3m wide
    Total area - 90.06 sq m (969 sq ft)

    Lease

    Held on a 10 year full repairing and insuring lease from 5th April 2019 at £37,500 pa. However, the rent is reduced for the first year of the term by 50% to £18,750. The lease is outside the Landlord & Tenant Act 1954.

    £15,000 is sought for the benefit of the lease and some fixtures which are being left by the vendor.

    Location

    Situated in Harrow Place adjacent to Travel Lodge. Harrow Place runs between Cutler Street and Middlesex Street. This is a busy location surrounded by a large amount of commercial businesses, offices, hotels and commercial concerns and within walking distance from Liverpool Street underground station.

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    Let

    £37,500 pa