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0 bed Leisure Facility in London £100,000



Property Ref: 1127
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Property Ref: 1127

Free of tie lease - 4000sqf ground floor and basement lock-up Two trading areas at ground floor level Passing rent £80,000 per annum with rent review in 9 years Licensed until 120 midnight on Monday to Sunday Front on busy street.
Fantastic venue for sale for cause of business direction change. The directors are branching out to a very different venture and must release capital, as such the latest opening must be sold.
Completely refurbished last year from shell, to very high standard with beautiful street art deco.
The unit occupies the ground floor and basement of a four storey building. The ground floor trading area is sub-divided into two trading areas each decorated in a contemporary style with exposed timber and concrete flooring and internal exposed brick walls fitted with a single bar servery. An open plan trade kitchen and disabled wc lie to the rear of the ground floor.
The basement provides both male and female wc’s, a cold beer store, an office and a general ancillary storage area.
The approximate gross internal floor areas are as follows:- Ground floor 268 sq m (2,881 sq ft) Basement 100 sq m (1,076 sq ft) Total 368 sq m (3,957 sq ft)
Services The property is connected to all mains services.
Licensing The Premises Licence permits the sale of alcohol from 10:00am until 11:30pm on Sunday and from 11:00am until midnight on Monday to Saturday.
Rating Assessment The property listed within the current (2017) Rating List as a Launderette and Premises and has a Rateable Value of £5,400
Tenure The property has a lease term of 15 years from 2016, expiring in 2031, within the Act. The rent passing is £80,000 per annum and the lease is free of all ties.
Basis of Sale No trading information will be provided or warranted as part of this sale. £100,000 are invited for the leasehold interestFixture & Furnitures to be negotiated Please get in touch for further information.

  • 0 Bedroom(s)
  • 6+ Bathroom(s)
  • 0 Living Room(s)

Address: Hoxton Street , London, N1 6PJ.

Offers in the region of: £100,000

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Disclaimer : is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate

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Property Details

Property Type: Leisure Facility

Bedroom(s): 0

Bathroom(s): 6+

Living Room(s): 0

Address: Hoxton Street , London, N1 6PJ


Chain Free

Ready to Move

Prime Location

Property Ref: 1127



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