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Greater London, E14 4QA

Retail for sale

Total price
2600Sq Ft

Warren Anthony Commercial are delighted to bring to the market it offered in the very strictest of confidence with the staff please note unaware of any possible sale this one of the longer established independent restaurants on the wharf celebrating over 20 years serving Italian Cuisine as only true Italians do.

The restaurant it is named in honour of a beautiful ship it having sailed from Livorno in Italy, visiting central and North America, Bermuda and Tangiers.

The restaurant and bar have outside terraces which are great places to relax with friends and/or colleagues. The restaurant has a fantastic view of the Docks from Monday to Friday it is open from noon until 11 pm serving Lunch and Dinner and drinks outside or Alfresco whereas, Weekends they are only open for dinner on Saturdays from 6 pm until 11 pm. It also has the benefit of a private area as well which can we understand be reserved and can accommodate up to 30 people for either drinks or dinner an ideal venue for that and/or those private occasions.

Daily specials offer a selection of regional flavours from the four corners of Italy and not forgetting the Islands that surround. The restaurant's a la carte menu captures you will find authentic flavours using we understand produce from all over Italy, simply blended and prepared to include Fresh pasta, vibrant salads and fresh fish all of which are you will see in abundance on the menu.

Accordingly, why not come and try one of of the restaurant's signature dishes namely 'Gamberoni All' Aglio', Fresh king prawns, seared with olive oil, garlic seasoned with chopped parsley and flamed with white wine this a great appetizer.

The wine list has a wide selection of Champagne and Prosecco ranging from all regions of France and Italy, from baby Tuscans to bold Amarone's to punchy Chianti's they also have a selection of New world wines, something for everyone.

On arrival you can enjoy from the bar a wide selection of classic cocktails such as Mojito, Cosmopolitan or a Bellini as well as one of the largest selection of Italian Grappa and digestivo's with a dining experience to be recognised above other Italian restaurants on the Wharf, capture the Italian spirit with its decor and cuisine surpassing all your expectations.

Now opening all day from 9 am for good Italian coffee and Italian pastries, freshly squeezed Sicilian blood orange juice, traditional lemon ice and brioche to toasted crostinis.

It is located in the Canary Wharf district well located and have available at the weekend free car park tokens for parking to be given to customers using the restaurant and/or bar.

The restaurant it is well served by public transport with Canary Wharf Underground Jubilee Line and Docklands Light Railway both nearby as well as Canary Wharf Crossrail Elizabeth Line due to open soon.

Photos of the restaurants are available on request.

Premium �2,000,000 as a guide price subject to contract for the benefit of the lease, business, goodwill, fixtures and fittings.

Rental �120,000 per annum exclusive.

VAT to be confirmed.

Lease it was renewed in April 2015 (although we understand not finalized until March 2016) this on the basis of a new 20 year full repairing and insuring lease subject to 5 yearly rent reviews. Also to include under the terms of the lease 1 car parking space and 1 under permit and an area of external storage.

Size 2,600 sq ft approx to include kitchen, WC and other ancillary areas.

Staff owner managed with up to 15 full time staff.

Business rates with rates payable we understand to be �26,000 per annum approx. However, it is recommended that all interested parties make their own enquiries to the local rating authority/department at the London Borough of Tower Hamlets.

Turnover with we understand a current turnover in excess of �1,900,000 per annum approx with a net profit of �400,000 per annum approx and this include a thriving takeaway and delivery service unique to Canary Wharf.

Accounts available on request.

Legal costs to be confirmed.

Important Notice

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Listed Features

  • Storage
  • Restaurant
  • Parking
  • Outdoor Space
  • No FRI Lease
  • Kitchen
  • Column Free
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Target size
Chosen features
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Warren Anthony