Restaurant Property
NATIONWIDE RESTAURANT SPECIALISTS
020 7935 2222
www.restaurant-property.co.uk
HIGHLY CONFIDENTIAL * STAFF UNAWARE Locanda World, 279 Upper Street, Islington, London N1 2TZ
FULLY FITTED RESTAURANT * LEASE FOR SALE
LOCATION Upper Street is located within the North London disctrict of Islington and runs from the end of Holloway Road, finishing at the junction of Pentonville Road and City Road. Upper Street is a prime dining, drinking and shopping destination among both affluent residents and local workers.
The property is situated in the Northern part of Upper Street, adjacent to the fire station, where it’s neighbours include Be at One, Ottolengi, Whistles, Sweaty Beatty, Paul and many more. Nearby restaurant operators include Carluccio’s, Strada, La Porchetta and karaoke bar Lucky Voice. ACCOMMODATION The premises have been recently refitted and are arranged over ground floor and basement levels. The property provides the following approximate areas: Ground Floor Basement TOTAL
520 sq ft | 48.272 m2 372 sq ft | 34.525 m2 892 sq ft | 82.797 m2
PREMIUM £80,000 for the benefit of the license and fixtures & fittings. PLANNING The property benefits from A3 restaurant use. LICENSING The property benefits from a 1am alcohol licence. A copy of the licence is available upon request. RATES We have authority:
been
2013-2014 Rateable Value: Rates Payable:
verbally
RENT £53,500 per annum exclusive LEASE The property is available by way of an assignment of the existing Fully Repairing and Insuring lease held for a term of 19 years from June 2012.
by
the
local
£33,500 £15,343
All parties are advised to confirm the above with Islington Council. LEGAL COSTS Each party to bear incurred in this transaction.
A mezzanine storage of approximately 423 sq ft plus a yard to the rear with potential to extend (STP). WC’s are located in the basement and are excluded from the above measurements.
informed
their
own
legal
costs
FOR VIEWINGS PLEASE CONTACT Sally French Tel: 020 7935 2222 Mob: 07772 501 669 Email:
[email protected] Mark Calder Tel: 020 7935 2225 Mob: 07880 796 564 Email:
[email protected] Subject to contract
Property Misdescriptions Act 1991/Misdescriptions Act 1967 Restaurant Property hereby gives notice that these particulars do not form any part of a contract or Offer. The details contained are issued without responsibility on the part of the firm or their clients and therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy himself as to the correctness of each statement. The vendor does not make or give, and neither the firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
..
. .
Restaurant Property Ltd 5 Fitzhardinge Street, London. W1H 6ED Tel: 020 7935 2222 www.restaurant-property.co.uk Registered in England and Wales Registration Number 4741589
..
. .
Restaurant Property Ltd 5 Fitzhardinge Street, London. W1H 6ED Tel: 020 7935 2222 www.restaurant-property.co.uk Registered in England and Wales Registration Number 4741589