10 Years Of Well Secured Income Guaranteed By Mitchells And Butler

Summary

• Located in Islington, one of London’s most desirable and affluent boroughs.
• Only 2 miles north east of the West End and 1.5 miles north of the City of London.
• Prominent landmark position at the northern end of Islington Green, in the heart of Upper Street’s established restaurant and leisure offering.
• Ground floor restaurant let to Bellanger Brasserie until 23 June 2035, with no break options.
• Passing rent of £300,000 per annum.
• Lease guaranteed by Mitchells & Butlers Leisure Holdings Ltd, a leading UK hospitality operator, with a net worth of £427 million, and a wholly owned subsidiary of Mitchells & Butlers PLC.
• Virtual Freehold (999 years from 1998) at a peppercorn rent.