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Leisure to let - No. 7, Ironmonger Lane, City of London, EC2R 8JQ

No. 7, Ironmonger Lane, City of London EC2R 8JQ

CommercialUK

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Size
5,096 sq ft
Listed
2 days ago

Property Description

<strong>Description</strong><br>Ground floor corner restaurant opportunity located a minute’s walk from Bank station.<br /> The restaurant faces onto Ironmonger Lane within The Whittington Building – a contemporary mixed-use development incorporating 36,000 sq ft of luxury office space and a new passage through to Frederick’s Place.<br /> The space benefits from an ample amount of natural light with large windows on three façades, and external seating to the front of the unit, subject to landlord’s approval.<br><br><strong>Planning & Licensing</strong><br>The unit benefits from Class E planning consent and extract route.<br /> The operator will need to apply for a premises licence with support of the landlord. <br /> The unit will benefit from external seating on Ironmonger Lane subject to landlord’s approval.<br><br><strong>Tenure</strong><br>The property is available on a new and effectively full repairing and insuring lease contracted outside the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954 Part II (as amended).<br><br><strong>Rent</strong><br>Base rent upon application. <br /> The base rent will be exclusive of rates, VAT (if applicable) and all other outgoings. The operator will be required to put forward a percentage of turnover, such that the higher of the base rent or turnover is payable.<br><br><strong>Service Charge & Insurance</strong><br>To be confirmed.<br><br>
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S
Savills

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