Sandwich Bar & Cafe for Sale in Farringdon, London

  • Leasehold £58,000
  • £55,000/Year
St John St, Clerkenwell, London, UK
Business for Sale REDUCED AVAILABLE

Sandwich Bar & Cafe for Sale in Farringdon, London

St John St, Clerkenwell, London, UK
  • Leasehold £58,000
  • £55,000/Year

Description

Sandwich Cafe for Sale in Farringdon, City of London. Restaurant/Cafe. Fully Fitted Kitchen with Gas Connection


Rent: £55,000/year. Lease Ending Dec 2026 (inside the Act). Spread over Basement & Ground Floor. Premium: POA & open to offers


MAIN FEATURES

  • Old A3 Planning with circa 1066 Sq ft (Ground Floor & Basement)
  • Fully Equipped Kitchen on Ground Floor
  • Busy Street with Several Eateries
  • Currently Closed
  • Pre-COVID sales of circa £300,000 per annum
  • Premium: 58,000 (Further reduced)

LEASE DETAILS

  • Lease: Ending in Dec 2026 with (Inside the LTA 1954)
  • Rent: 55,000/year
  • Rent Review Term: 3 years
  • Next Rent Review: 21st Dec 2022
  • Premium: £58,000 (Lease and FF&E)

THE LOCATION

  • Farringdon, EC1V
  • Few Minutes away from Farringdon Station
  • Busy Street with several eateries

THE PREMISES

  • Area: Circa 1066 sq ft (Ground Floor: 678 sq ft & Basement: 387.5 sq ft)
  • Covers: Circa 30 (potential to increase and up to 45)
  • Business Rates: Circa £7,600 per annum
  • Three Star Hygiene Rating

VIEWINGS

All interested buyers must have proof of funds to meet the premium and landlord’s requirements along with a guarantor.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

  • Address St John St, Farringdon, London
  • Post Code EC1V
  • Area Farringdon

Details

Updated on June 15, 2021 at 4:15 pm
  • Price: Leasehold £58,000
  • Size: 1066 Sq Ft
  • Covers: 30
  • Use: Old A3
  • Type: CAFES
  • Status: Business for Sale

Overview

  • CAFES
  • Type
  • 30
  • Covers
  • Old A3
  • Use
  • 1066
  • Sq Ft

Contact Information

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