The food and leisure sector continues to develop, with the expansion of home delivery and resurgence of independent restaurants, at the expense of the established chains.
Our client’s property in Pinner had been a Spanish Restaurant for many years. It was then re-let as a Pizzeria, which changed hands and ultimately failed. Following an extensive marketing campaign, we successfully negotiated terms with Imlee Tree and agreed a new 15 year lease with a small rental uplift.
Imlee Tree are completing extensive fitting–out of the premises and we look forward to returning to another vibrant restaurant in our Asset Management portfolio. Call in to see them at 66-68 Pinner Green.