0 Bed Restaurant To Rent

Description
A unique opportunity to secure a wine bar/restaurant in the highly prized and a hugely popular Islington address. Known for its cobbled streets, independent boutiques, antique markets, cafés and restaurants, the area attracts a strong mix of local residents, professionals and visitors, within close proximity to Angel and Essex Road Stations.

Nearby occupiers include Brother Marcus, The Camden Head, Frederick’s, and The Breakfast Club, with independent grocery and specialty stores such as The Passage Pantry, Le Coq Epicier, and EGRO offering artisanal produce, international foods, and gourmet products.

(Our marketing includes photography of the local area, neighbouring occupiers as well as non-descript photos of restaurants for indicative purposes only. These should not be taken as a reflection of the existing property, its condition, fixtures and fittings or layout.)

Sizes have been estimated and are for indicative purposes only.

Lease
An assignment of the leasehold interest expiring August 2038, with breaks at August 2027, 2031 and 2035. The lease is contracted INSIDE the Landlord and Tenant Act.

Premium
Guiding £40,000 for the benefit of the existing lease.

Costings
Premises Rent: £60,000 per annum exclusive.
S/C - No on account service charge.
Rates: TBC

Commute
Angel - 4 mins
Essex Road - 12 mins

VAT
This building is elected for VAT.

Further Information
EPC & other reports are available upon request.

Viewings
Staff are unaware. Viewings can be arranged directly with LDG.

Use
Currently trading as a Wine bar which falls under Class-e. Alternative uses may be suitable too.

Photography
Our marketing includes photography of the local area, neighbouring occupiers as well as non-descript photos of restaurants for indicative purposes only. These should not be taken as a reflection of the existing property, its condition, fixtures and fittings or layout.