Prime restaurant opportunity in the heart of the City of London
Description
The Whittington Building is a new mixed-use development of heritage Georgian architecture with contemporary influences, and consists of 36,000 sq ft of premium office accommodation across five floors.
The ground floor corner restaurant opportunity is ideally located a one minute walk from Bank Station and situated on Ironmonger Lane, connecting Cheapside to Frederick’s Place via a brand new pedestrian passageway.
The restaurant benefits from an ample amount of natural light with large windows on three facades, and external seating to the front of the unit.
Neighbouring operators include Where’s Fred’s, The Ned, Goodman, Goldwood and 1 Lombard. The City’s dining scene continues to flourish, with recent arrivals including Wagtail, Blacklock, Fazenda and The Wolseley.
Planning & Licensing
The unit benefits from Class E planning consent and extract route.
The operator will need to apply for a premises licence with support of the landlord.
The unit will benefit from external seating on Ironmonger Lane subject to landlord’s approval.
Tenure
The property is available on a new and effectively full repairing and insuring lease contracted outside the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954 Part II (as amended).
Rent
Base rent upon application. The base rent will be exclusive of rates, VAT (if applicable) and all other outgoings. The operator will be required to put forward a percentage of turnover, such that the higher of the base rent or turnover is payable.
Service Charge & Insurance
To be confirmed.
Name | sq ft | sq m |
---|---|---|
Ground | 2,420 | 224.83 |
Basement | 2,676 | 248.61 |