MARCHMONT ACQUIRES CITY OF LONDON RESTAURANT

Marchmont Investment Management has completed the acquisition of The Natural Kitchen restaurant on Aldersgate, London.  The property is let on a long lease to a fast growing entrant into the central London restaurant scene.  The property is situated next to London Wall and is adjacent to a number of high profile developments in the area.  The property extends to 5,569 sq ft.

 

Marchmont Director Tim Lumsdon commented, “This acquisition represents an opportunity to acquire a long lease to a strong operator in a location witnessing significant redevelopment.  The completion of adjacent development, 160 Aldersgate, which will be the 260,000 sq ft HQ DLA Piper, we believe will further reinforce the trading prospects of this unit.