Kingsland Road, London, E8
£470.46 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,657 sq ft
247 sq m
- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes
A3
Key features
- Let to Goodlife (Dalston) Ltd
- Ground Floor & Basement Restaurant
- Let on a 20 year lease from October 2020
- Income: £80,000 pax
- Highly Prominent Main Road Position
Description
The property is situated in a prominent location on the corner of Kingsland Road and Dalston Lane immediately adjacent to the new Dalston Junction London Overground Station. The immediate area has undergone a major development of newly constructed residential and commercial buildings. In addition Dalston Kingsland Rail Station is within a few minutes' walk. Numerous bus routes also serve the area.
DESCRIPTION:
The property comprises a self-contained restaurant bar arranged over basement & ground floors.
Ground Floor Restaurant: 1,222 Sq Ft ( 113.60 Sq M )
Basement Kitchen & Ancillary 1,435 Sq Ft ( 133.33 Sq M )
Total Area: 2,657 Sq Ft ( 246 Sq M )
TENANCIES:
Ground Floor Restaurant & Basement:
Let to Goodlife (Dalston) Ltd Company No 06379560 on a FR&I lease for term of 20 years from October 2020 at a rental of £75,000 pax, subject to a fixed uplift in rent at the end of the 3rd year, rising to £80,000 pax. The Lease is subject to rent reviews at the 5th, 10th and 15th years.
Identification
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Contact:
Paul Stone
/ / paul.
Mert Seyhan
/ / mert.
Brochures
Kingsland Road, London, E8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dalston Junction Station0.1 miles
- Dalston Kingsland Station0.2 miles
- Haggerston Station0.4 miles
About Christo & Co, London, London
Parkway London NW1 7AH
Christo & Co are a well-established Estate Agency originally founded by Chris Christo in 1985 after the dissolution of Christo Vegoda. providing a highly professional service, yet personal where Clients can rely upon the expertise of a highly experienced team of Surveyors, Valuers and Commercial/Residential Agents.
Notes
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