Fully Fitted Restaurant For Sale- 4a Upper Street, Islington N1

Location

The restaurant occupies a prime position diagonally opposite Angel Station next to Blank Street Coffee and close to O2, Be At One, Boots, Leon andmany others. Angel Station had approximately 12.25mn entry and exit taps in the year from 2024-2025 according to TFL published figures.

Accommodation       

The premises comprise of a ground floor restaurant having the following approximate dimensions: –

Ground Floor Area762 sq ft 70.79 sq m 

Lease

Held on a lease for a term expiring in January 2034 at a rental of £100,000 pax or 8% of turnover (whichever is the greater)

Premium

Bonafide offers reflecting the value of a fully fitted restaurant are invited to include the lease, any licenses, all non-branded fixtures and fittings and equipment (exact inventory to be agreed)

Rates

The rates payable are approximately £60,060 before any ongoing government relief that may be available.

Interested parties are advised to verify this information with the Local Rating Authority.
Legal Costs

Each side to bear their own legal costs incurred in the transaction.

Subject to Contract