Highly Sought After Islington Restaurant

Price:

Leasehold - £48,000

Seller Ref:

upperrajmoni

Location:

London, London, Islington

Business Type:

Food Service Businesses

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Description:

THE BUSINESS:

Ground floor: The ground floor area comprises of reception area with bar and approximately 40 – 50 covers. Vast amounts of overhead storage have been created with a lowered ceiling and there is access to the rear with communal patio area.
Lower Ground Floor: Access via stairs from the right of the restaurant gives access to the kitchens (with door to rear access for deliveries) and W.C’s

Location Details:

Situated minutes away from and Angel, Highbury and Islington Underground Stations this restaurant is easily reached from all parts of the city. Arsenal football stadium is less than 1 mile away. The venue is located in the heart of Islington with vast footfall night and day. Nearby occupiers include Ladbrokes, The Fig and Olive, Pizza Hut and Al Meida Street theatre

Lease Terms:

A new Full Repairing and Insuring Lease for a term of 20 years. The lease will be granted subject to 4 yearly upward only rent reviews and will be granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended.