8 Artillery Passage, London, E1 7LJ Spitalfields

Size: 910 sq ft
Price: £650,000

DESCRIPTION

The available accommodation is a self-contained freehold retail investment located in a Grade II listed mixed-use building. It boasts an excellent City Fringe location with superb transport links, thanks to its close proximity to Liverpool Street Station and Aldgate East Station. The property includes an alcohol license, a fully fitted kitchen with an extraction system, a storage facility in the basement, and WC facilities. The asset is tenanted for a further 14 years by a restaurateur operating a Tuscan restaurant and wine bar, who has been in business for over 20 years. The current passing rent is £39,000 per annum. A purchase at the asking price of £650,000 will reflect a gross yield of 6%.

Features

Fuly Fitted Kitchen with Extraction System
Excellent City Fringe Location
Excellent Transport Links
Alcohol License
Large Shopfront
WC Facility
Storage Facility
Wooden Flooring
Grade II Listed
Long-Term Tenant

Location

The property is located on the North side of Artillery Passage in close proximity to Artillery Lane junction. Situated only few minutes from Bishopsgate and Spitalfields Market, local office occupiers include Allen and Overy, Royal Bank of Scotland and Societe and Generale. Liverpool Street Station is within a short walk, as are the numerous bus services to the City and Shoreditch, which run along Bishopsgate.