LOCATION:

The property is situated in a prominent location on the corner of Kingsland Road and Dalston Lane immediately adjacent to the new Dalston Junction London Overground Station.  The immediate area has undergone a major development of newly constructed residential and commercial buildings.  In addition Dalston Kingsland Rail Station is within a few minutes walk. Numerous bus routes also serve the area.

DESCRIPTION:

The property comprises a self contained restaurant bar arranged over basement and ground floors.

AREAS (all measurements are approximate):

Ground Floor Restaurant:                  1,222 Sq Ft      ( 113.60 Sq M )

Basement Kitchen & Ancillary:     1,435 Sq Ft      ( 133.33 Sq M )

Total Area:                                                       2,657 Sq Ft    ( 246.93 Sq M )

TENANCIES

Ground Floor Restaurant & Basement:

Let to Goodlife (Dalston) Ltd Company No 06379560 on an Internal Repairing and Insuring Lease for term of 20 years from April 2021 at a rental of £75,000 pax, subject to a fixed rent upliftat the end of the 3rd year, rising to £80,000 pax. The lease is subject to rent reviews at the 5^th, 10^th and 15^th years.

IDENTIFICATION:

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Total Rental Income: £75,000pax, rising to £80,000 pax from April 2024

EPC:

Available upon request.

VIEWING:

Strictly by appointment through owner’s SOLE Agents Christo & Co.

CONTACT:

Paul Stone (020 7482 1203 / 07973 845 462 / [email protected] )

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT

Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: January 2024