Virtual Freehold, restaurant investment in Central London.
The property is arranged on ground floor only and is currently occupied as an Italian restaurant.
The ground floor site extends 872 sq ft.
Location Description
The property is situated on the west side of Borough High Street (A3), immediately south of the Great Dover Street/Marshalsea Road (A2) junction and Borough Underground Station (Northern line).
Borough forms part of the London Borough of Southwark and is situated 1.5 miles east of Charing Cross on the south bank of the River Thames.
Nearby occupiers include Starbucks Coffee (opposite), Foxtons and a variety of restaurants, estate agents and local occupiers.
Additional Notes
At present, the property is let to Amo La Pasta Ltd for a term of 15 years from 24th December 2015.
The lease provides rent reviews every fifth year of the term and contains effectively full repairing and insuring covenants.
The lease contains mutual option to break at the end of the tenth year.