Prime Shoreditch Restaurant / Deli / Retail Lease available on Redchurch Street

 

Summary

  • Shopfront to Redchurch Street
  • Great footfall
  • Bright open main retail / deli area
  • Mezzanine kitchen
  • 3-phase electricity supply
  • Rear dining area
  • Basement cellar storage
  • Premium offers invited

Accommodation

Namesq ftsq mAvailability
Ground - Shop / Cafe / Restaurant 671 62.34 Available
Mezzanine - Kitchen and Storage 153 14.21 Available
Basement - Cellar 233 21.65 Available
Total1,05798.20
52 Redchurch Street - 52RedchurchStreetShoreditchBrickLaneCafeDeliRestaurantRetailForRentInternal17DominionLondon.jpg

Location

The premises are located on the south side of Redchurch Street, between the junctions with Club Row and Chance Street. Redchurch Street runs from Shoreditch High Street through to Bethnal Green Road near the top of Brick Lane. Redchurch Street and the surrounding Shoreditch area are popular retail and evening destinations. Other operators in the immediate vicinity include AllPress Coffee, Cecconis, The Smoking Goat, Shoreditch House, Brat, Pizza East, Owl & Pussycat, Albion / Boundary Hotel and the ever changing offering at BoxPark just around the corner. Retailers include Aesop, Le Labo, Edwin, Sunspel and Nudie Jeans.

Get directions from Google Maps

Further Information

Rates Payable £17,482 per annum Based on 2023 Valuation with 40% Retail, Leisure and Hospitality discount applied for 2025/26

Service Charge £3,927 per annum Capped until February 2028

EPC Rating This property has been graded as C (59)


Description

The main retail space benefits from good frontage to Redchurch Street and currently offers a bright retail trading space and off sales area. To the rear there is a large customer W.C., access to the mezzanine kitchen and to the bright and partially double height rear dining area. The mezzanine floor offers a small professional kitchen with basic extraction (steam, light cooking). There is also a basement cellar accessed via a stair from the main space, providing good storage (in which ceiling height is limited to approx. 176 cm.). Existing kitchen equipment and furniture may also be available, details upon request.

Terms

Premium offers are invited for the Assignment of the existing effective Full Repairing and Insuring Lease contracted 'outside The Act' for a term to February 2028.
A longer term may be available from the freeholder.

Rent

The headline rent is £57,500 per annum exclusive (+VAT) and fixed for the remainder of the current term.

Premium

Premium offers are invited in excess of £50,000.

Premises Licence

Our client holds a Premises Licence for on and off sales with the following hours:
Monday to Wednesday 10am to 7pm
Thursday to Saturday 10am to 9:30pm
Sunday 11am to 5pm

Business Rates

The Valuation Office Agency website lists the property with a 2023 Rateable Value of £52,500. Rates Payable for April 2025 to March 2026 for a business within Retail, Hospitality and Leisure are estimated at £17,482. Interested parties are advised to seek confirmation from the London Borough of Tower Hamlets.

Service Charge

Estimated at £3,927 (+VAT) for the current year.
Note - the service charge is capped at this level for the remainder of the term.

Buildings Insurance

Estimated at £1,888 (+VAT) for the current year.