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12 December 2019 | Restaurants

Christie & Co bring centrally located London restaurant to the market

Specialist business property advisor, Christie & Co has brought to the market Aiko, a well-established restaurant, centrally located in London.

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The business currently trades as an Asian restaurant and takeaway and occupies the ground and basement floors of a building located in a prime position on Chancery Lane. The ground floor comprises a dining space, counter and well-equipped kitchen which benefits from extraction. The basement level features a second dining space and bar, bathrooms and storage area.

The current owners have operated the business since 2005, and since signing a new 16-year lease this year, have decided to sell their interest in the property and business to move onto new career paths.

The sale of Aiko provides an exciting opportunity for an operator to acquire a well-established Asian restaurant and takeaway, which benefits from a central London location and a premises license to trade until midnight.
At present, the current owners trade during limited hours throughout weekdays, so there is scope for the new owner to extend trading hours and to trade over the weekends, to drive revenue growth.
 
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James Laskowski, Assistant Broker at Christie & Co is handling the sale and comments, “Aiko offers prospective purchasers an opportunity to operate a busy takeaway and restaurant, with strong potential for future revenue growth, in the heart of London; retaining the current Asian offering or introducing a new concept . The size of the unit, its lease, premises license and location will undoubtedly attract a large number of corporate and independent operators.”

Aiko is being offered at an asking price of £80,000 on a leasehold basis.

For further information on this press release, contact:
 
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com

For further information on this listing, visit our website:
https://www.christie.com/properties/restaurants/a2j4g000009tjqauas/
 
Contact the agent:
James Laskowski, Assistant Broker
P: +44 207 227 0766
E: james.laskowski@christie.com
 
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