Islington Restaurant with Large Outside Seating

Key Features

• Beautiful Fitted Out
• 90+ Covers
• Outdoor Seating
• Lease Until 2038
• Ground Floor Only

Description

The premises are well-decorated and beautifully fitted out as a restaurant. The premises operates over the ground floor for 60 covers inside and 36 covers outside. The single floored premise features a kitchen, storage room, customer's toilets.

Available area

The accommodation comprises the following areas:

Location

The premises are located on Esther Anne Place, in the heart of Islington. The premises has a nearby farmer's market, Upper Street Market close to other nearby food and beverage operators include Megan's, Nando's, Tofu Vegan, Pho, Five Guys and Be At One to name a few. The premise is a close walk by to the nearest Underground Station, Angel, which has access to the Northern Line.

Tenure

The premises are available by way of an assignment of Full Repairing & Insuring from 27th July 2023 that expires in 15 years, July 2038, with a 5-year rent review. It is held Inside the security of the L & T Act 1954.

Rent

£90,000 per annum exclusive.

Planning Use

The premises benefit from Class E planning use.

Premium

Offers in the region of £125,000.

VAT

All prices are quoted may be subject to VAT if applicable.

Confidentiality

This sale is highly confidential and under no circumstances should be a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property, the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.