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TENANT FEES - NEW ASSURED SHORTHOLD TENANCIES (AST's) SIGNED ON OR AFTER 1 JUNE 2019
Reservation Fee - One week's rent.
Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000
Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.
Lost Keys - Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required.
Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher).
Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the surrender of the tenancy and the re-letting the property

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Let Must be seen £55,000 pa

Brick Lane, Algate, E1 - Must be seen £55,000 pa


Building:

This is a fantastic investment opportunity to acquire a 15 year lease on an entire building in the heart of Brick Lane which consists of a commercial property over the ground and lower ground floor and two residential properties on the 1st & 2nd floor.

The area itself is one of the most popular streets in East London and is home to some of London's best places to eat and shop making it a huge tourist attraction. It also boasts a fantastic nightlife and has something to offer even to the most seasoned clubber. It is definitely the place to be.


Restaurant:

Located in spitting distance of Brick Lane, Bengal Cuisine is matchless for those who delight in authentic Bengali & Indian dishes with a modern fresh spin at sensible prices. It is just a two minute walk from Aldgate East Tube Station and a five minute walk from Liverpool Street tube station and White Chapel tube station.

They specialise in serving authentic and distinctive Indian and Bangladeshi dishes, daringly offering the fresh and aromatic food in what has been described by some culinary experts as: "a master-class in service and dining". This family restaurant strives to serve high class and conventional Bangladeshi cuisine within a stylish contemporary ambience at a sensible price so the whole family can join.


The Restaurant has a seating capacity of up to 65 people. The kitchen is in the lower ground floor which has a food lift, a 12 burner cooker with a tandoori oven, a wine cooler, ice maker, two deep freezers, two microwaves, a very large store room, a cool room with a small office, and three WC's one of which is for staff.


Rent: £55,000 per annum

Lease: 15 years

Premium: £250,000

Rates: £1,400 per annum

Viewings: By Prior Appointment
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This property is currently Let. However, register your details below and we will contact you if it becomes available again.
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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