Restaurant investment for sale in Shoreditch

This property is marketed by:
Strettons

Key features

• Located in a busy retail parade in Shoreditch within a short walk of Brick Lane, Redchurch Street and the Truman Brewery complex
• Shoreditch High Street Overground station is a short walk to the west
• The premises trades as Tas Firin, an established and very well regarded Turkish restaurant trading from the premises since 2003
• Subject to extensive re-fit and upgrade by the current tenant within the last 12 months

• Occupies a prominent corner position at the junction with Bethnal Green Road and Chiltern Street
• Arranged as a fully fitted restaurant over ground and basement levels extending to GIA 1,100 sq.ft
• Let for a term expiring November 2032 with rents reserved of £46,000 p.a.x, subject to review in 2027
• To be sold Freehold subject to an over-riding 999 year long leasehold interest on the upper floors

Description

160 Bethnal Green Road comprises an attractive, Victorian built corner property with retail premises configured over the ground and basement levels. Note that the upper floor flats have been extensively refurbished and separately sold on long leases and are not included in the sale.

The retail premises are occupied in restaurant use, with smartly fitted ground floor seating and bar/servery, with the basement fitted as kitchens, storage/back of house and with customer WCs and further staff WC. The premises have been subject to a recent programme of re-fit by the current tenant.

The property is located on the south side of Bethnal Green Road at the junction with Chilton Street and within close proximity to Brick Lane, Redchurch Street and the Truman Brewery complex.

The area is well served by public transport with Shoreditch High Street (Overground Line) being a 5 minute walk to the west, with Liverpool Street station being just under 1 mile / 20 minute walk to the south, Bethnal Green (Central Line) and Bethnal Green (Overground Line) are all within a 6-15 minute walk.