Established Restaurant With Late License In Islington For Sale

Business description

This established restaurant benefits from a prominent position in Islington, being within walking distance of Blackstock road shopping area, the Emirates stadium and Finsbury Park station.

It has an A3/A5 late night license and has won awards for Best Greek Family Restaurant.

They use only the finest products one hundred percent fresh, healthy food, lovingly prepared and cooked on the premises. It’s strictly authentic, honest, full of goodness and aromatic flavors, that will take you all the way back to Greece. Everything is homemade even the pita bread.

Reviews:
"The best quality traditional Greek meals I have ever had"
"They are so friendly and it fantastic value for money"

Description:
Established A3/A5 restaurant with late license for sale in Islington.

Trading Hours:
Licensed for alcohol and music 11 am - 4 am

Premises Details:
The attractive double fronted shop has electric security shutters. Internally, there is seating for 55 covers in the restaurant and bar area. To the rear is a fully fitted kitchen, ladies and gents washrooms and an office / storage area. To the side is a further storage area.

In all, approximately 915 sq. ft.

Property information

Property:

Leasehold

Lease terms:

The vendors are the freeholders and will grant a 16 year full repairing and insuring lease, subject to 4 yearly rent reviews. Rent is £25k per annum, ex.

Location:

Conveniently situated between Blackstock Road shopping area, the Emirates (Arsenal) football stadium and Finsbury Park station, which serves both Victoria and Piccadilly tube lines.

Business Operation

Expansion potential:

The premises has a flat roof with no residents living above. This allows them to have a late licence, which is the only one in the area. Also, the flat roof allows the potential for an outdoor drinking / dining area. All internal walls are plasterboard, so layout can be changed to suit.

Reasons for selling:

The owners wish to retire.

Trading hours:

Licensed for alcohol and music 11 am - 4 am