Fully Fitted Clerkenwell Restaurant In Prominent Location For Sale

Clerkenwell, London, UK

Asking Price:: On request

Turnover:: On request

Net Profit:: On request

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This fully fitted restaurant presents an attractive opportunity for experienced restaurateurs, established hospitality groups and independent operators seeking a prominent trading location in Clerkenwell, Central London.

Occupying a highly visible position at a busy junction, the property benefits from substantial pedestrian activity and an established restaurant configuration. Its ground-floor dining accommodation, complemented by additional basement space, provides an appealing setting for operators looking to establish a distinctive food-led hospitality concept.

Currently open and trading as a pizza restaurant, the premises offer an incoming operator the opportunity to secure a high-quality restaurant setting with no premium payable. A new lease is available, making this an attractive proposition for operators seeking to establish or expand their presence in this well-connected part of London.

Prominent position at the junction of Clerkenwell Road, Old Street and Goswell Road.
High-footfall location offering excellent visibility.
Fully fitted pizza restaurant with approximately 100 covers.
Approximately 2,950 sq. ft. arranged over the ground floor and basement.
Currently open and trading, with an established restaurant fit-out.
Nil premium, with a new lease available at a guide rent of £105,000 per annum.

Property Information

Property:: Leasehold

Lease Terms:: A new lease is available for the restaurant premises.
The guide rent is £105,000 per annum.
The proposed lease duration, rent review arrangements and other contractual terms have not been provided.

Leasehold Rent:: £105,000 per annum per annum

Location:: The restaurant occupies a prominent position at the busy junction of Clerkenwell Road, Old Street and Goswell Road in Central London.
This well-connected location benefits from high levels of pedestrian activity and substantial visibility to passing customers.
The property's position within Clerkenwell makes it particularly appealing to restaurant operators seeking a presence in an established London commercial district.
Its prominent junction setting offers an attractive opportunity to develop a recognisable restaurant destination.

Premises Details:: The property comprises a fully fitted restaurant arranged over the ground floor and basement, with a combined area of approximately 2,950 sq. ft.
The ground floor extends to approximately 1,750 sq. ft., providing the principal restaurant accommodation.
The basement offers approximately 1,200 sq. ft. of additional space.
The premises currently operate as a pizza restaurant with seating for approximately 100 customers.
The existing restaurant fit-out provides an established hospitality environment suitable for an incoming operator.

Size in square feet:: Approximately 2,950 sq. ft.

Business Operation

Expansion Potential:: The property's prominent location and existing restaurant infrastructure offer opportunities for an incoming operator to develop or reposition the current dining concept.
The substantial ground-floor accommodation and additional basement space could support a range of restaurant formats, depending on the operator's requirements and the permitted use of the premises.
The property may appeal to an established restaurant group seeking an additional Central London location or an independent operator looking to introduce a new dining concept.
The availability of a new lease provides an opportunity to establish a fresh occupancy arrangement, subject to agreement with the landlord.
Any changes to the existing operation would be subject to the necessary consents and lease provisions.