A3 Restaurant For sale in Barbican, The City of London, EC1M
This very well maintained A3 restaurant for sale is ideally located on the main road, in Barbican, EC1M just a few steps away from the station and in the City of London.
The unit is ideally close to the financial center, offices, law firms, touristic action, architect and furniture design companies and much more.
This A3 unit boasts periodic features, including red bricks, archways, glasses from the early 20th century, and marble elements.
The unit holds the A3 license, full alcohol license and option to trade 10am-12am 7 days a week.
The restaurant is currently trading as a successful Italian restaurant, with a menu of Italian and Venetian dishes, plus occasional live music. The business receives continuous accolades from the client on major rating platforms, such as Google, Yelp, and TripAdvisor. There is also room for expansion, adding some marketing services and also delivery platforms (Deliveroo and Uber Eat) which are popular in the area to serve the offices.
The restaurant accommodates one floor, welcoming 60 clients, and potential to add 16 covers on the outside area. The massive kitchen is located at the back and is fully equipped. At the back, there is also a private outside area, a favorite of clients to enjoy some appetizers.
The lower ground floor is currently used as a storage room but can be part of a development project, as it’s possible to apply for planning permission to create an external access and use the room for further seating.
Lease: 14 years remaining on a 15 years lease.
Rent: £36,000 pa
Use: A3 license and alcohol license until 12am.
The Barbican (EC1M) area is seen as the cultural heart of the City of London. Within easy walking distance of Bank and Liverpool Street, it’s most well-known for its huge arts centre.
Barbican station itself is connected to the Circle, Metropolitan and Hammersmith & City lines, offering quick access to Farringdon, King’s Cross and Aldgate.
Within walking distance is Moorgate to the East, which connects to the Northern Line, and Liverpool Street; and Bank and St Pauls, both on the Central Line.
The dominant feature is the Barbican Centre, which along with its amazing arts venue also offers some restaurants and cafes. Smithfield Market is also nearby.
CityPoint houses a number of leading companies such as Simmons & Simmons, Wilki Farr and Gallagher, Morrison & Foerster LLP, and Ebiquity.
There’s also the Cass Business School in the neighborhood, along with a number of companies including Heckmann Design, commercial property consultants Robert Graham, and IT staffing firm, Anteo Group.