Christie & Co instructed to market prime restaurant site
Specialist business property adviser, Christie & Co has been instructed to market The Camden Social, a modern European British brasserie in Camden Town, London.
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Situated in the heart of the popular tourist hotspot, the venue is under 100 feet from Camden Lock, and within close proximity to Camden’s Stables Market. With over 30 million people passing through the nearest underground station every year, the restaurant benefits from high footfall and offers guests the perfect spot to immerse themselves in Camden’s unique and vibrant atmosphere.
The restaurant previously operated as a Byron Burger, and recently received a full fit out when it reopened as The Camden Social in 2021. The large, open plan trading area is serviced by an open kitchen and bar area which can seat up to 90 customers.
Due to the high footfall and consumer demand, this is an excellent opportunity for a skilled and experienced operator with a reputation for great food and hospitality. The class E license presents an opportunity for a range of licensed operations and the site would suit an established chain or an independent up-and-comer with a growing brand.
David Wilson, Associate Director who is handling the sale, comments, “While it’s no secret that the restaurant market has had its fair share of challenges in recent years, properties in prime locations with high footfall present fantastic opportunities for established brands to build their reputation, and for growing independents to establish a flagship site.
“For offers in excess of £50,000, a 15-year lease that began on the 7th April 2021 is available to purchase with either a 6-month rent deposit or personal guarantee. The current rent is £120,000 per annum, rising to £140,000 in April 2024 and open market rent reviews will take place every 5 years.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
David Wilson, Associate Director – Pubs and Restaurants
M: +44 7764 241 364 or E: david.wilson@christie.com
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