Triple fronted restaurant opposite One New Change
Class E Restaurant Unit To Let || Circa 200 covers

LOCATION
The property is located on Bread Street at the prominent corner with Watling Street opposite One New Change and in view of St Paul’s Cathedral.

Local connections are excellent being situated between Bank and St Paul’s London Underground Stations immediately to the south of the City’s main shopping thoroughfare, Cheapside.

Local restaurant and leisure occupiers include Burger & Lobster, Gordon Ramsey’s Street Pizza, F1 Arcade, The Ivy Asia, Puttshack, Coq d’Argent, Madison and Enoteca da Luca.

Local retail occupiers include Sweaty Betty, Cos, Boss, Greggs, Lloyds TSB, Hotel Chocolate and Greggs.

TERM
A new lease for a term to be agreed (subject to vacant possession).

RENT
Quoting £250,000 pax.

INCENTIVES
Incentives available subject to covenant strength.

ACCOMMODATION
The premises are arranged over ground floor only, with a triple frontage on Bread Street and a return frontage on Watling Street. The current restaurant configuration allows for circa 200covers, with full kitchen extract (600×600), kitchen and customer WCs. Servicing is possible from the rear of the premises into a dedicated loading area.

The unit has the following approximate floor areas;

Ground Floor      5,260  sq ft   /   489 sq m

RATES 2023/24
Rateable Value:                                              £151,000
Rates payable (UBR multiplier: £0.544):   £82,144

VIEWING
By appointment with sole agents Stephen Kane & Company.

Kristian Kendall     kjk@stephenkane.co.uk | 07917 347 434
Ewan Stacy              es@stephenkane.co.uk | 07415 336 490