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For Rent

Farringdon

UNDER OFFER, 2-3 West Smithfield, EC1A

Availability (1)

6,081 Ft2

£160,000 /a

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  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Documents
  1. Introduction

    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 Details

    LOCATION
    The 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.
    TERMS
    A new FRI lease is available for a term of 20 years with five yearly rent reviews.
    RENT
    The asking rent is £160,000 per annum exclusive.
    BUSINESS RATES
    Rates 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.

    Availability (1)

    FloorSize (Ft2 | M2)Rent (/a | /Ft2)S/Charge (/a | /Ft2)Rates (/a | /Ft2)Total /aPlanning UsageStatus
    Basement 2,045£160,000T.B.CT.B.CT.B.CA3, A4Available
    Ground Floor4,036T.B.CT.B.CA3, A4
    Total / Avgs.6,081£160,000T.B.CT.B.CT.B.C
  2. Location

    UNDER OFFER,
    2-3 West Smithfield,
    London EC1A

  3. Transport

    Farringdon
    Circle, Hammersmith & City, Metropolitan
    First Capital Connect, Thameslink
  4. E.P.C

    To be provided in due course.

  5. Other Documents

    Marketing Brochure

MISREPRESENTATION ACT — These particulars do not form part of any offer of contract. They are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to their accuracy. Unless otherwise stated, all prices/rents are quoted exclusive of vat. All terms and information provided is subject to contract & without prejudice.