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Included in your Tenancy Fee & Charges

Holding Fee

Two weeks rent will be requested upfront as a sign of your commitment. Once received the property will be withdrawn from the market and all outstanding viewings will be cancelled. This amount will be deducted from your first months payment of rent before the move in date.

PLEASE NOTE The holding deposit is non-refundable if references are declined, or if you decide to pull out of the process.

Administration Fee

£200 for each professional individual and £180 for each individual that is a student.

Referencing Fees

inclusive in administration fees

Change of Tenant or Additional Tenant

inclusive in admin fees

Renewal Fee

£100 will be charged to cover our administration costs

Check Out Fees

1 Bed £120 plus VAT 2 Bed £130 plus VAT 3 Bed £140 plus VAT 4 Bed £160 plus VAT

If organised directly by the landlord, these fees may be subject to change

Security Deposit

A deposit will be taken before move in at the equivalent of 6 weeks rent. This may change depending on the landlords circumstances or if pets are added to the tenancy.

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Free Market Appraisal

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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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Arrange a Viewing

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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