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New A4 late night BAR /PUB / RESTAURANT lease available.
The property benefits from A4 and A3 planning so can trade as a pub, bar or restaurant. The licence permits on and off alcohol sales until 00:30 Monday – Thursday, 01:30 Friday, 02:30 Saturday.
Property DetailsLOCATIONThe property is just to the south of Smithfields Market, up from Farringdon Road and directly opposite the site that will be the new Museum of London. Fabric, Smiths of Smithfields, St John, Club Gascon, Carluccio’s, HIX, Drake and Morgan, Gaucho and Polpo are all very nearby. This is mostly an office and entertainment district but there is an increaqsingly amount of residentrial notably around Charterhouse Square and an increasiong number of people in the area due to Farringdon Crossrail Station and the associated developments.TERMSA new FRI lease is available for a term of 20 years with five yearly rent reviews.RENTThe asking rent is £160,000 per annum exclusive.BUSINESS RATESRates Payable (20/21) – £ 65,223 p.a. The premises are currently exempt from paying business rates until 30th June 2021. Followed by a 66% reduction until 1st April 2022. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
2-3 West Smithfield,
TransportFarringdonCircle, Hammersmith & City, MetropolitanFirst Capital Connect, Thameslink
To be provided in due course.