Commercial Street 146

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RARE SPITALFIELDS RESTAURANT OPPORTUNITY

Commercial Street, Spitalfields E1 1,465 sq ft (97.73 sq m) NIA APPROX Ground & Lower Ground Floors

146 Commercial Street, Spitalfields E1 6NU Location Occupying a prominent position in this increasingly sought after location, a short distance from Spitalfields Market and Truman Brewery and close to a number of notable occupiers including All Saints, Hawksmoor, and Urban Outfitters.

Lease An assignment of our clients full repairing and insuring lease for a term of 16 years from 24th June 2001. The lease benefits from the security of the Landlord & Tenant Act 1954 Part II as amended.

The property is in the heart of this trendy City Fringe area close to the junction with Shoreditch High Street and Great Eastern Street with Boxpark, Shoreditch High Street Station, Tea Building & Shoreditch House within close proximity.

Rent £46,000 per annum excl.

The area is a hotspot for trendy restaurants and coffee shops including, Andina, Dishoom, Casa Negra, The Diner, The Albion Café & Hoi Polloi. Accommodation The property is currently arranged as a Restaurant on the ground floor with separate access to ancillary accommodation on the lower ground floor. The unit benefits from 3.8m ceiling height and rear skylights on the ground floor with a fully fitted kitchen and a trading area which caters for circa 60 covers. In addition, there is currently an outside seating area providing further trading space. The measured dimensions and floor areas are as follows; Ground Floor Area 871 SQ FT 80.9 SQ M Basement Area 594 SQ FT 55.2 SQ M Total Area 1,465 SQ FT 136.1 SQ M

Premium Offers in excess of £100,000 excl. VAT The property is registered for VAT. Planning The premises benefits from A3 planning use. Rates Rateable Value 2014/2015: £29,000 Rates Payable 2014/2015: £13,978 Interested parties are advised to make their own enquiries with Tower Hamlets Local Authority. Legal Costs Each party to bear their own legal costs & equally split the Landlord’s legal costs associated with the assignment. Viewings Strictly through the Landlord’s Sole Agents, by prior appointment only: Oli Cohen / Greg Corin Paul Belchak & Co. T: 020 7375 3444 E: [email protected] E: [email protected] Subject to Contract