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Assignment Highlights
- Adjacent to the £400m Smithfield Museum regeneration project
- Excellent thoroughfare
- Central London location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 5,314 SF | Jan 2040 | $16.15 /SF/YR $1.35 /SF/MO $85,836 /YR $7,153 /MO | TBD |
Ground
The passing rent is £65,000 per annum rising to £130,000 in 2027 until the end of the lease in 2040 with rent reviews every five years. A copy of the full lease is available upon request.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Rare customer roof terrace
- Late licence until 3am
- Fully fitted following extensive refurbishment
- Large fully equipped commercial kitchen
- Inside the Landlord's & Tenant's Act
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 | 5,314 SF | Gross Leasable Area | 5,314 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Bar |
| Total Space Available | 5,314 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 5,314 SF |
| Year Built | 1900 |
About the Property
https://www.colliers.com/en-gb/properties/fully-fitted-restaurantbar-%e2%80%93-26-west-smithfield-smithfield-market-%e2%80%93-late-licence-until-3am-%e2%80%93-lease-assignment/gbr-west-smithfield-street-london/gbr3028240#:~:text=The%20property%20is,over%2050%20covers.
- Restaurant
- Security System
- Signage
- Roof Terrace
- Storage Space
- Smoke Detector
Presented by
The New Market | 26 Smithfield St
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