LOCATION:

The property is prominently located on Upper Street, amongst the multitude of amenities to include shops, restaurants and bars of Islington which is one of the highly sought-after areas of London. Local occupiers in the immediate vicinity include Paul Patisserie, Papa John’s Pizza, Gail’s Bakery and Strada Italian Restaurant. Transport facilities are convenient with both Angel (London Underground Northern Line) and Highbury & Islington (London Underground Victoria Line, London Overground and National Rail) Stations being within walking distance. Numerous bus routes also serve the area.

DESCRIPTION:

The premises comprise a ground floor restaurant with kitchen & additional storage in the basement.

AREAS (all measurements are approximate):

Ground Floor – Seating, Bar & WCs: 980 Sq Ft (91 Sq M)

Basement – Kitchen & Ancillary: 517 Sq Ft (48 Sq M)

TOTAL AREA: 1,497 Sq Ft (139 Sq M)

AMENITIES:

Fully Fitted Kitchen with Cold Rooms                  3-phase Electricity

Air Conditioning                                                           Skylight Seating Area

Premises Licence                                                         Bar area

LEASE:

A new Full Repairing and Insuring Lease directly from the Landlord, for a term of years to be agreed subject to periodic rent reviews.

RENT:

£90,000 per annum exclusive

PREMIUM:

We seek premium offers in the region of £100,000 for the benefit of the new lease, prime location and all fixtures & fittings.

BUSINESS RATES:

We have been advised that the current Business Rates payable are £33,000 per annum. However, interested parties are advised to make their own enquiries to the Local Authority.

LEGAL COSTS:

Each party to bear their own legal costs.

EPC:

Available Upon Request.

VIEWING:

Strictly by prior appointment through SOLE Agents, Christo & Co.

CONTACT:

Mert Seyhan (020 7482 1203 / 07506 732734 / mert.seyhan@christo.co.uk)

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT

Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: October 2021