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Property
Property description & features
- Prime Business Location
- Class E Restaurant License (A3)
- Modern Design
- Brand New Build
- Large Windows throughout
- 1041 Sq Ft
- Heavy Footfall
- Unique Building Design
Whitechapel is known for its many tourist attractions and a variety of restaurants and bars. Benefiting with a heavy footfall and large number of tourists visiting the area. There are several ventures that could arise from this location.
This Commercial building is a unique investment opportunity which offers you many business options. The building currently has a Class E Restaurant licence, so you have a broad range of commercial options.
The double-glazed windows surrounding the property offers great advertisement for whatever business you wish to embark and also gives the interior of the business a fantastic natural light element.
The local area of Whitechapel has been in the process of regeneration and includes many benefits to local residents and businesses (Please check the regeneration plans via tower hamlets council)
The property is located moments away from Aldgate East underground station (Circle Line, District Line and Hammersmith & City) and close to Liverpool Street, Bishop’s gate, and Shoreditch High Street overground station. Transport links include 24/7 bus services into the city and far east.
(Please read below before enquiring) The basic lease information:
EPC: C
RATEABLE VALUE: 1 April 2017 - present
Your rateable value is £16,300 (As per government website)
Business Rates: Approximately £16,300.00 per annum. Interested parties are advised to make their own enquiries with Local Borough of Tower Hamlets
Lease: The Lease holder will grant a New FRI sublease outside the security and provisions of the Landlord and Tenant Act 1954. (Subject to contract).
Legal Costs: To be paid by new sublease holder for both parties at reasonable costs.
Lease terms: (5 to 10 Years)
Fully repairing and insurance lease. (By new lease holder)
Holding deposit: 1 Months rent (Non-refundable)
Rent in advance: 6 Months
Security Deposit: 6 Months
Rent review – Every 3 years
Furniture and fittings: To be discussed
Ideal applicants: A stable proven track record strong operator e.g., franchise operator.
All offers are subject to prior referencing.
Rent: £85,000.00 per annum, all exclusive
Total Floor Area – 1041.4 sq ft
Local Authority – London Brough of Tower Hamlets
Premium: No premium on current rent, options available for premium to reduce the annual rent.
VIEWINGS
All viewing strictly by appointment with Hunters Tower Bridge.
Disclaimer
Hunters Tower Bridge has been taken care with the preparation of these particulars, we have been provided information from third parties and complete accuracy cannot be guaranteed.
Hunters Tower Bridge have not tested any apparatus, equipment, fixture, fittings, or service and we are unable to verify they are in working order or fit for their purpose. All dimensions are approximate.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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