Well Positioned Licenced Indian Restaurant In City Of London For Sale

Business description

Ideal for multiple or restaurant chain at the Barbican, 1,900 sq ft corner restaurant close to large offices and multiples 55/65 seats, tkg £4,200 pw. 15 year lease from Sep 06, 5 yrly reviews, rent £35,700 pa, rates £15,288 pa.

Property information

Property:

Leasehold

Lease terms:

Renewable 15 year lease from Sep 06, 5 yrly reviews, rent £35,700 pa or new lease if required.

Leasehold rent:

£35,700 per annum

Location:

On busy main road close Clerkenwell Road, bank, multiple retailers, restaurants the Barbican and also close to Islington. The excellent position and location would also suit multiples and is ideal for tapas, Thai, Mexican or up market coffee shop. The large area is also known for specialised businesses such as kitchens, furniture, etc.

Premises details:

Large 28.8 ft wide corner restaurant with large frontage with main restaurant comprising 55 covers (max 65 covers), bar section, dumbwaiter, 2 sink glass wash-up area and linen cupboard. 900 sq ft on ground and 1,000 sq ft in basement.

The basement comprises a good sized kitchen, preparation area, stock room, office, staff changing area, wine store, staff wc and ladies & gents wc’s.

Planning consent:

A3

Business Operation

Reasons for selling:

Ill health

Trading hours:

Mon – Fri 11:00 am – 2:45 pm and 6:00 pm to midnight. Sat – Sun 5:00 pm to 11:30 pm

Employees:

Run by 2 owners plus staff

Other information

Support & training:

Available if required