Restaurant and bar on the ground and underground floors.
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).
Absolute annual income is 400,000 £.
The current yield of 4.8%.
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.