Let agreed

Property available on: 21/11/2014

• A3 license
• New Lease
• Located in front of Main Entrance of The Royal London Hospital
• Opposite Whitechapel Underground Station
• Massive footfall
• Fully furnished Kitchen
• 45 plus seats
• Storage room
• Toilets
• Excellent income

This is a great opportunity to acquire a fantastic A3 Shop located on a busy parade of the main road leading to The Royal London Hospital. The road is directly opposite Whitechapel Underground Station. This ground floor unit consists of restaurant area with potential of over 45 covers/seats, furnished and working kitchen, toilets and ample storage.

Excellent business opportunity, over 732 sq ft -TO LET / NEW LEASE 15 TO 18 YEARS

Key Features
A3 license
New Lease
Located in front of Main Entrance of The Royal London Hospital
Opposite Whitechapel Underground Station
Massive footfall
Fully furnished Kitchen
45 plus seats
Storage room
Toilets
Excellent income

Description
This is a great opportunity to acquire a fantastic A3 Shop located on a busy parade of the main road leading to The Royal London Hospital. The road is directly opposite Whitechapel Underground Station. This ground floor unit consists of restaurant area with potential of over 45 covers/seats, furnished and working kitchen, toilets and ample storage. As the location largely speaks for itself the premises benefits from late license, spacious seating area, air condition and fully fitted kitchen. It presents an excellent opportunity for a blue chip corporate client who would like to start or expand their business, specially with the great footfall. Otherwise, the unit will suit variety of other A3 retailers.

The property is directly opposite Whitechapel Station (Circle, District and Hammersmith & City lines) with the National Rail Line due to open in the next few years. The area has gone through major regeneration and the Mayor is planning further development of the area. The new Queen Mary University Medical Campus is also few minutes away. The area is well served by local buses and is easily accessible by car via A11. The area offers an excellent selection of amenities as the shops, bars and restaurants.

Accommodation

Ground floor main restaurant area:
Width/Frontage: 15"03' approx
Depth: 31"34'' approx

Ground floor kitchen:
Width: 15"03' approx
Depth: 17"20' approx
Total accommodation size: 732 sq ft approx

Tenure
New Lease - £38,000 per annum
We have been advised by our client that the rent reviews are every 4 years.

Premium

Our client is seeking a premium of £175,000. Offers maybe considered.
Legal Fees

Each party is to bear their own legal cost.

Rates

We have been advised by the client that the current rates payable are £4,500 per annum. Interested parties are encouraged to make their own enquiries with London Borough of Tower Hamlets.