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04 December 2018 | Restaurants

Central London restaurant site available through Christie & Co

Specialist business property adviser, Christie & Co has brought to the market the leasehold of an A3 unit, ideal for a food and beverage business, located in Clerkenwell, central London.

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The 1,800 sq ft site sits within a five storey office building and comprises a prep kitchen, large commercial kitchen, ground floor and basement level trade areas for a total of 50 covers and an outdoor trading terrace for al fresco dining. The site also benefits from an alcohol licence and a new extraction system.

Previously operating as an all day café which has recently closed, the premises is ideally located within bustling and trendy Clerkenwell, which sees high footfall due to the substantial office and residential developments in the area.

James Laskowski, Assistant Broker at Christie & Co, who is handling the sale comments, “This lease assignment provides an operator with an exciting opportunity to take a site directly backing onto a large office building, with the significant and cost-effective benefit of a recent, thorough refurbishment. A new operator would be in a great position to begin operating almost immediately as all equipment is to be included within this very reasonable premium price. 

“Food and beverage businesses, particularly those with a fresh and exciting concept, are continually in high demand in areas with a desirable level of foot traffic such as Clerkenwell, with lunchtime trade being a key driver and plenty of opportunity to extend to evening trade.”

Christie & Co is seeking offers in excess of £30,000 for the leasehold interest of the unit with annual rent of £77,500.