Pritchards Road 129

Report 4 Downloads 98 Views
Valuable Lease for Sale UNIQUE RESTAURANT OPPORTUNITY OFF BROADWAY MARKET

Pritchards Road, Hackney E2 830 sq ft (77.1 sq m) APPROX

129 Pritchards Road, London E2 9AP

Location Situated alongside Regents Canal occupying a prominent position just off Broadway Market. The immediate area offers a number of boutique retailers and trendy restaurants and has become firmly established as a leading East London commercial destination.

Lease An assignment of our clients full repairing and insuring lease for a term of 10 years from 8th January 2008. The lease benefits from the security of the Landlord & Tenant Act 1954.

Recent notable trendy occupiers to move into the area include Franco Manca, Buen Ayre and L’Eau a la Bouche. The area benefits from week long trade being a short distance from London Fields, Mare Street, Victoria Park and the famous Columbia Road Sunday flower market.

Rent Current Passing Rent £30,000 per annum excl.

Accommodation Forming part of a mixed use building, the property is situated entirely over ground floor level and benefits from excellent ceiling height and full glass frontage allowing for superb natural light. The approximate floor area is 830 sq ft (77.1 sq m). The premises currently operates as a bicycle shop although A3 planning permission has been granted and we understand there is an extraction route in place. A license for outside seating is available direct from the council. Amenities

Premium Offers in excess of £100,000 Planning The premises benefits from A3 planning use. Rates Rateable Value 2014/2015: £20,050 Rates Payable 2014/2015: £9,655 Interested parties are advised to make their own enquiries with Hackney Local Authority. Legal Costs The assignee to pay the Landlord’s legal costs associated with the assignment. Viewings Strictly through the Landlord’s Sole Agents, by prior appointment only:

** Full Glass Frontage

Oli Cohen / Paul Belchak Paul Belchak & Co. T: 020 7375 3444 E: [email protected] E: [email protected]

** Prominent Position

Subject to Contract

** Excellent Location ** A3 Planning Use

** Potential Outside Seating