RestaurantLondon, United Kingdom

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RestaurantLondon, United Kingdom

8,320,000 £
9,316 £ /m²
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  • Total area
    893 m²
  • Yield
    4.8 %
  • Rental rate (m²/month)
    35,696 £
Details
Property parameters
  • Total premises: 2
Financial performance
  • Annual income: 385,137,554 £
Tenants
  • Fully let
Features
  • Street retail

Restaurant and bar on the ground and underground floors.

Description

Total area — 893 m²

Premises were recently refurbished with high quality finishing materials, kitchen equipped with modern appliances.

Type of ownership: Virtual Freehold for 999 years (979 years left).

Financial performance

Absolute annual income is 400,000 £.

The current yield of 4.8%.

Tenants

The tenant is a large restaurant chain.

A new lease agreement was signed for 15 years and valid through 01.08.2031.

Location and nearby infrastructure

Property situated in prestigious area of the city. There is a Metro station within 200 metres away from the restaurant. Popular Spitalfields Market, shops, restaurants, hotels and offices are located in close proximity.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other restaurants for sale in the United Kingdom.

You can see more restaurants for sale in London elsewhere on our website.

Statistics in London

Price per m², £
11,937
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 11,936.93
Apartment in a bedroom community, m² 6,763.64
Transport Price, £
Public transport, 1 ride 2.32
Monthly travel card 138.77
Taxi, 1 km 2.77
Petrol, 1 l 1.2
Food Price, £
Water, 1.5 l 0.85
Milk, 1 l 0.9
White bread, 500 g 1.02
Eggs, a dozen 1.88
Chicken fillet, 1 kg 5.74
Education Price, £
Kindergarten, per month 1,179.47
International school, per year 15,993.75
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in London
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