Old Jewry forms a short one-way street in the world famous City of London area known as Bank, linking Gresham Street and Cheapside / Poultry.
The street is dominated by large office buildings, most of which have commercial uses at ground floor level, which include the subjects (Browns), Goodman, Bank of China and Goldwood Sports Bar.
The subjects are situated at the middle of Old Jewry on its eastern side, directly opposite the entrance to the side street known as Fredericks Place.
Rental offers in the region of £425,000 per annum are invited.
The premises comprise a stunning large restaurant unit, trading under Class E consent, fitted out to a high standard and operating as ‘Browns’.
The ground floor predominantly comprises open plan sales trading space with a high floor to ceiling height of 5.3m. The front and middle of the accommodation are used for customer seating and host a large bar, and the rear of the ground floor has a large commercial kitchen.
At around the middle of the ground floor there is a spiral staircase leading to the mezzanine level, which covers approximately the rear half of the unit. This mezz space is used mostly for customer seating and also offers customer WCs as well as some of the plant & machinery / HVAC.
The basement is utilised for staff and storage purposes, accessed through various different stairwells at the rear and to the side of the property. This accommodation includes staff WCs and a beer cellar, with a useful hatch linking with the ground floor front entrance down to basement level, allowing keg deliveries direct access to the cellar. There is also some HVAC equipment at basement level.
The frontage of the unit is of high quality construction, with dark wood panel fittings and an abundance of natural light, and is in-keeping with the high end feel of the unit itself. Signage / branding is offered above the main entrance door as well as via a protruding sign above it. GIAs are estimated to be:
| Ground Floor | 5,446 sq ft | 505.95 sq m |
| Mezzanine | 3,654 sq ft | 339.47 sq m |
| Basement | 2,817 sq ft | 261.71 sq m |
The premises are available on a new Ex Act FRI lease for a term of at least 15 years, subject to 5 yearly upwards only rent reviews.
Rates
According to the Valuation Roll The 2024 RV for the property is £310,000.
Service Charge
£48,430.66 per annum.
