Cuba Street, Canary Wharf E14 8LD
£16,800 pa

London: 0207 998 1980

Key features

Full description

Cafe and Restaurant in the Canary Wharf area: TO LET/LEASE ASSIGNMENT This is a great opportunity to acquire an excellent café and restaurant close to the Canary Wharf area (precisely opposite Britannia International Hotel).

Currently trading as a 'Falafel Café and Restaurant'. It is located few minutes away from Canary Wharf Station and South Quay DLR. Well-known brands, such as Tesco (1 minute away), and, other shops (retail, bars, restaurants, supermarkets) are very close-by. This is a very popular residential and commercial area with iconic apartment complex's surrounding the unit and more currently being developed. This is a great opportunity to acquire an excellent café and restaurant close to the Canary Wharf area (precisely opposite Britannia International Hotel), currently trading as a 'Falafel Café and Restaurant'. It is located few minutes away from Canary Wharf Station and South Quay DLR. Well-known brands, such as Tesco (1 minute away), and, other shops (retail, bars, restaurants, supermarkets) are very close-by. This is a very popular residential and commercial area with iconic apartment complex's surrounding the unit and more currently being developed. This triangular shaped site consists of a large ground floor space. The ground floor benefits are a large glass front, large counter area, fixtures and fittings throughout, kitchen, toilet, ample storage rooms, and office area. ACCOMMODATION Ground Floor - triangular shaped shop Width/Frontage: 35'62" approx Depth: 38'89" approx Height: 11.50" approx TOTAL AREA: 820 sq. ft. (approx) Tenure Leasehold/Lease Assignment - £16,800 per annum Our client wishes to assign the lease which has 6 years remaining. We have been advised by our client that the lease is renewable. Premium: £65,000 Our client is seeking premium for the benefit of goodwill, locality (skyline developments taking place directly in front of the unit), fixtures and fittings. Our client has informed us that the new state of the art developments taking place in the surrounding area can be viewed on the Tower Hamlets Council's official website.