£50,000 pa
(£25.24/sq. ft. pa)
Restaurant to letChapel Market, Angel, Islington, London N1
1,981 sq. ft
Just added
About this property
Assignment of existing lease - Historic site of famous London pie shop, listed interior and no business rates, lease for sale within the Landlord and Tenant Act, premium requested.
Location
The property is situated in the heart of this densely packed residential and commercial neighbourhood. Chapel Market is a very well known shopping and market road in Angel, Islington. This iconic restaurant is situated in the central part of the road, close to the junction of Penton Street.
The area benefits from a number of bus routes, with Angel Station (Northern Line) located just a 4 minute walk away. Angel Central Shopping Centre and the Vue Cinema complex is roughly a 3-minute walk from the property.
This ground-floor unit is conveniently set amongst the street market, with high street brands close by such as Sainsbury's, Sports Direct, Waitrose, Marks & Spencer, jd Sports, & McDonalds.
Description
This unit was one of the famous M.Manze pie shops and retains much of its period features and distinctive interior, which is listed but has been renovated to allow for the maximum return and usage of space. The fact the property is listed means the property is exempt from Business Rates.
Part of a period terrace, the property has some external space at the rear and side entrance secondary access. Brand new extraction system installed, double sided canopy and large kitchen. Opportunity to open a statement restaurant or flagship store for dining or cafe.
Accommodation
Gross Internal Area: 1981 square feet / 184.1 sq mts
amenities
Historic restaurant
Central Angel - very busy location.
Very high footfall
Known for restaurants and cafes
Listed interior - no Business Rates
New extraction system
Double sided cooking canopy
New WCs
Renovated.
Terms
Available on assignment of existing 10 year full repairing and insuring lease commencing from 2018, inside the landlord & tenant act.
Rent is £50K pa.
Premium sought for lease, goodwill, fixtures & fittings - offers of £50,000
outgoings
None
legal costs
Each party to bear own legal costs, ingoing tenant to be responsible for the landlords legal costs associated with the assignment.
Viewing
By appointment through Agents Drivers and Norris and Russell Lewis Property Consultants
Location
The property is situated in the heart of this densely packed residential and commercial neighbourhood. Chapel Market is a very well known shopping and market road in Angel, Islington. This iconic restaurant is situated in the central part of the road, close to the junction of Penton Street.
The area benefits from a number of bus routes, with Angel Station (Northern Line) located just a 4 minute walk away. Angel Central Shopping Centre and the Vue Cinema complex is roughly a 3-minute walk from the property.
This ground-floor unit is conveniently set amongst the street market, with high street brands close by such as Sainsbury's, Sports Direct, Waitrose, Marks & Spencer, jd Sports, & McDonalds.
Description
This unit was one of the famous M.Manze pie shops and retains much of its period features and distinctive interior, which is listed but has been renovated to allow for the maximum return and usage of space. The fact the property is listed means the property is exempt from Business Rates.
Part of a period terrace, the property has some external space at the rear and side entrance secondary access. Brand new extraction system installed, double sided canopy and large kitchen. Opportunity to open a statement restaurant or flagship store for dining or cafe.
Accommodation
Gross Internal Area: 1981 square feet / 184.1 sq mts
amenities
Historic restaurant
Central Angel - very busy location.
Very high footfall
Known for restaurants and cafes
Listed interior - no Business Rates
New extraction system
Double sided cooking canopy
New WCs
Renovated.
Terms
Available on assignment of existing 10 year full repairing and insuring lease commencing from 2018, inside the landlord & tenant act.
Rent is £50K pa.
Premium sought for lease, goodwill, fixtures & fittings - offers of £50,000
outgoings
None
legal costs
Each party to bear own legal costs, ingoing tenant to be responsible for the landlords legal costs associated with the assignment.
Viewing
By appointment through Agents Drivers and Norris and Russell Lewis Property Consultants
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