SPITALFIELDS OPPORTUNITY – 9,623 SQ FT

20th April 2016

Richard Susskind & Co alongside joint agents Paul Belchak & Co are pleased to bring to the market 9,623 sq ft of restaurant/bar space which is also suitable for B1 office space (STP) at 94 Middlesex Street, Spitalfields, E1.

Occupying a very prominent position in this well-established City Fringe location, close to the junction with Bishopsgate, the property is within a few minutes walking distance of Liverpool Street Station. The premises is also in close proximity of a number of large office & retail developments being adjacent to Devonshire Square and close to Broadgate, Exchange Square and Spitalfields Market. Notable occupiers in this immediate location include Honest Burger, Wahaca, Oliver Sweeney, Marco Pierre White’s Steakhouse Grill, Nandos, Japanese Canteen and Pizza Union.

Comprising a substantial ground floor and basement premises, which forms part of a former Victorian warehouse the upper parts of which have been developed into residential apartments. Benefitting from an extensive return frontage to Strype Street, the basement can be fully self-contained and consideration will be given to a letting of this area separate from the ground floor. The unit would suit office (B1) use subject to planning.

The premises as a whole will be let with the benefit of the Live Music Premises Licence (basement area only).

The approximate Internal Floor Areas are as follows:

Ground Floor: 4,553 sq ft (422 sq m)

Lower Ground Floor: 5,070 sq ft (471 sq m)

Total: 9,623 sq ft (893 sq m)

Amenities include A3/A4 premises, a prominent location, character building and a late premises licence.

A new full repairing & insuring lease available for a term by arrangement, subject to five yearly upward only rent reviews.

Offers sought in excess of £325,000 per annum exclusive.

We have been verbally informed that the 2015/16 Business rates for the premises are £25,347 per annum. Interested Parties should make their own enquiries.

Should you require any further information or wish to arrange an inspection of the property please do not hesitate to contact Jonathan Franks, Josh Perlmutter or Jesse Gold from Richard Susskind & Company on 020 7831 8311 or contact Paul Belchak & Company on 0207 375 3444.

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