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Assignment Highlights
- Excellent opportunity to secure an restaurant/takeaway premises on the bustling Clifton Triangle
- Prominent position with late alcohol and refreshment licence from 12:00pm until 04:00am
- Lease assignment available by way of ingoing premium
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 370 SF | May 2049 | $125.86 CAD/SF/YR $10.49 CAD/SF/MO $46,569 CAD/YR $3,881 CAD/MO | TBD |
Ground
The property is available to let by way of an assignment of the existing occupational lease. The existing occupational lease is drawn for a term of 25 years from 31st May 2024 until 30th May 2049. The passing rent is £25,000 pax . There are rent reviews and tenant breaks every 5th year. A premium is sought for the opportunity to purchase the existing fit out, fixtures, fittings, and equipment. Premium upon application.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 370 SF | Gross Leasable Area | 670 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant |
| Total Space Available | 370 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 670 SF |
| Year Built | 1900 |
About the Property
The property comprises a retail unit with a glazed frontage and arranged over ground floor and basement on the popular Clifton Triangle. The property has an open plan reception area/bar/ordering space with a commercial kitchen to the rear fitted with commercial extraction and a rear store. To the basement there is an open plan sales area which is currently used as a store and a single W.C. The property carries tiled floors, painted plastered ceilings and walls and has been fitted with recessed spotlighting. The property benefits from an alarm and CCTV. In terms of services, the property has air conditioning and heating units, electricity, gas and water. It is situated on The Clifton Triangle, this location is popular for both businesses and students, and sees a lot of late night trade
- Bus Line
- Security System
- Storage Space
Presented by
6 Byron Pl
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