CONFIDENTIALLY AVAILABLE

SHOREDITCH Restaurant/Bar Lease For Sale: A3 use

14 Rivington Street London EC2A 3DU

SHOREDITCH

Restaurant/Bar

Lease For Sale

14 Rivington Street

London EC2A 3DU

The sale is confidential so absolutely no approaches should be made to staff or

management. For further information and appointments to view, please contact the sole

letting agents Stirling Ackroyd

Simon Kelly SimonK@stirlingackroyd.com

Jesse Gold MarkP@stirlingackroyd.com

The property is located on the south side of Rivington Street between the junctions

with Great Eastern Street/Old Street and Charlotte Road in the heart of the vibrant

‘Shoreditch Triangle’ The area is renowned as a busy mixed-used area occupied by

many thriving creative and tech businesses as well as numerous bars, restaurants,

boutiques and independent stores.

The bar trades as an A3 restaurant (tapas and cocktails) and is arranged over ground

and two upper floors. The net internal floor areas are approximately:

Ground floor restaurant/bar 445sq ft

First floor private dining & kitchens 325 sq ft

Second floor office/stores 280 sq ft

Other occupiers In the western section of Rivington Street include:

Mark Hix’s Tramshed

Rivington Bar & Grill

Bottega Pelibato

Santo Remedio

Shoreditch Spicery

The property is held on a full repairing and insuring lease for a 20 year

terms inside the L&T Act from January 2014 and subject to 5 yearly rent

reviews. The permitted use is A3.

The current rent passing is £38,000 per annum rising to £44,000 per annum

in 2017 and £45,000 per annum in 2018.

The premises are assessed as a Restaurant and Premises with a rateable

value of £16,000. The rates payable for 2016/17 are approximately £7750

Premium offers in the region of £275,000 are being sought for the valuable

lease, fixtures and fittings and goodwill.

Premises licence:

Opening hours no later than midnight with one hour closure between 16:00 and 17:00

Licensable activities until 23:30

Waiter/waitress service for drinks, no vertical drinking

Drinks to be with substantial meal

Capacity 130

020 7549 0602

020 3058 3612