Property description

Description

Ranson UK is proud to present a rare opportunity to acquire a stylish, period, ground floor & basement fully fitted bar in the highly sought after Charterhouse Street in Farringdon EC1. The venue, which comes with fully installed bar area, fully fitted kitchen with a full inventory of kitchen equipment, fixtures and fittings, dumb waiter, intelligent lighting and DJ equipment, male and female W/C is perfectly positioned for lunch trade, business meetings and private events/functions. The low rent make this a highly attractive opportunity to a new or existing operator.

Transportation links are excellent with the Barbican and Farringdon station (National Rail, Circle, Hammersmith & City and Metropolitan lines.) both a few moments walk away providing excellent connection to the heart of the rail network and London underground network. Charterhouse Street is a popular street located in the heart of The City of London. It is located only moments away from the Museum of London, Smithfields Market and St Paul’s Cathedral, one of the most famous tourist’s attractions.

Accommodation

Ground floor:

Fully installed bar, seating and restaurant area: 2,500 sq ft approx

Basement:

Fully installed kitchen, male & female W/C and office area: 2,500sq ft approx

Total accommodation size: 5,000sq ft approx.

Lease Term/Commencement

Our client wishes to assign their 20 year lease which commenced April 2007 and expires in April 2027.

Rent

£40,000 per annum, with rent review every 5 years.

Premium

Our client seeks a premium of £300,000 £275,000 for the benefit of the rare opportunity, fixtures, fittings and equipment.

VAT

This property is elected for VAT

Legal Fees/Cost

Each party are to bear their own legal costs.

Rates

All interested parties are encouraged to make their own enquiries with London Borough of Islington.

Viewings

By prior appointment through multi agency selling agents Ranson UK LTD.

Email: enquiries@ranson.co.uk

Tel: 0207 538 4057

Property Features :

• A4 USAGE
• LOW RENT
• EXCELLENT LOCATION IN THE HEART OF FARRINGDON, CLOSE TO SMITHFIELD MARKET
• FULLY INSTALLED KITCHEN
• EXCELLENT VENUE FOR LUNCH AND BUSINESS TRADE