PRIME CITY OF LONDON LEASEHOLD WINE BAR FOR SALE
Rudds, 148 Queen Victoria Street, London, City of London, EC4V 4BY
Prime City of London Wine Bar for Sale
Recently refurbished to exceptionally high standard
Current Rent £65,000 per annum exclusive
22 years unexpired
Leasehold Business for Sale OIEO £525,000
Suit a variety of purchasers ranging from independent to managed houses.
CONTACT US Viewing is strictly by prior appointment with Colliers International, through: Samuel May +44 207 487 1803
[email protected] Ross Kirton +44 20 7487 1615
[email protected] Property Ref: 306496
50 George Street London W1U 7GA 0207 935 4499 www.colliers.com/uk/leisure
Rudds, 148 Queen Victoria Street, London, City of London, EC4V 4BY
LOCATION
FIXTURES & FITTINGS
Prime City of London location on Queen Victoria Street close
All current fixtures and fittings, including all branded machinery
to New Bridge Street within moments’ walk from the newly
and furniture.
rebuilt
Blackfriars
Station
(Circle
and
District
and
Thameslink), City Thameslink and St Pauls, and in close
RATEABLE VALUE
proximity to a number of large corporate office buildings,
The Property is listed on the 2010 Valuation list as having a
including Bank of New York Mellon which is adjacent.
rateable value of £53,500. Prospective purchasers are advised to make their own enquiries with the City of London Business
ACCOMMODATION
Rates department.
Substantial licensed A4 property with bar and restaurant trading areas set over ground, mezzanine and part first floors,
PRICE
part first floor kitchen, with basement cellarage, storage and
We are seeking substantial premium Offers In Excess of
further accommodation.
£525,000 for our client's business which includes our client's unexpired leasehold interest, premises licence, all fixtures &
The second floor provides for residential accommodation,
fittings. It is envisaged that this will be structured by way of a
comprising a large four bedroom flat, and separate managers
Transfer of Going Concern.
living area.
VAT PLANNING
VAT, if applicable, will be payable in addition to the purchase
A4 Bar with Residential Accommodation on the second floor.
price.
TENURE
LEGAL & PROFESSIONAL COSTS
Leasehold by way of an assignment of our clients valuable
Each party is to be responsible for its own legal and
lease which expires in May 2036 (22 years unexpired), at a
professional fees in connection with this transaction.
passing rent of £65,000 per annum exclusive. Rent Reviews are five yearly with the next in May 2016. The lease benefits
FURTHER INFORMATION & VIEWING
from the security of tenure provisions of part II of the 1954 Landlord & Tenant Act. Rental income of approximately £29,000 per annum is received from telecommunications masts.
All requests for further information and viewing the property must be via sole agents only, Colliers International. Please note that staff are unaware of a potential sale and all interested parties are requested to intially inspect the property
USE
on a customer-only basis, with more formal inspections outside
A3/A4
of trading hours arranged for bona-fide buyers only. To view details of other properties we are marketing visit our
PREMISES LICENCE Premises licence dated 1
st
website at www.colliers.com/uk/leisure. July 2014 permitting the sale of
alcohol on Sundays to Thursdays until 12am, and on Fridays and Saturdays until 3am.
London City
Experian Goad Plan Created: 12/06/2014 Created By: Colliers International
50 metres
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