Fully Fitted Neighbourhood Restaurant

Key Features

• Fully Fitted to a Very Good Standard
• New Lease Available
• Full Kitchen Extraction in Place
• Good Transport Links
• Low Premium

Description

The premises was previously trading as a Nordic Restaurant entirely laid out over the ground floor with both table and barstool seating. There is a fully fitted kitchen in situ with full extraction, customer toilets, and ample storage space.

Available area

The accommodation comprises the following areas:

Location

The property is located on a good position on Upper Street in the heart of Islington. There is an abundance of food and drink operators in amongst retailers, residential and offices in the immediate vicinity. Angel and Highbury & Islington tube stations are within easy walking distance and the location is served by a number of bus routes.

Tenure

A new FRI lease to be granted with periodic upward only rent reviews.

Asking Rent

Offers in the region of £60,000 per annum exclusive.

Premium

Offers in the region of £55,000 for the benefit of the new lease, Licence and F&F.

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning/Licencing

The premises benefit from E class use and has a premises licence with the usual restaurant conditions and terminal hours.

Holding Deposit

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