An excellent opportunity has arisen to acquire the leasehold interests in two A1 units that have been combined and are currently being operated as a café.
The property is situated on the corner of Vestry Street and Provost Street, just off City Road and is a short walk away from Old Street Roundabout serviced by the Northern Line and the Great Northern Line.
The property is made up of two leasehold interests that have been combined to provide approximately 2,529 sq. ft. The property benefits from triple frontage, good quality fit out, outdoor seating area, customer toilets and a private office.
The passing rent is £63,442.50 per annum exclusive of business rates, insurance and VAT is applicable. There are set rent increases in June 2018 and June 2019.
This is an assignment of a FRI Lease held outside the L&T 1954 Act due to expire on 11 June 2022.
A new lease may also be available from the landlord with further details available upon request.