The owner of Café Amici in Aldwych has bought the leasehold on the 3,500 sq ft Essence restaurant, bar and DJ Bar near London’s Barbican tube station.
The 300-capacity property in Smithfield & Charterhouse Square benefits from a wide frontage and a 2am licence.
It comprises a ground floor area which houses the 80-seat formal dining room and main bar and a 100-capacity lower ground floor with a DJ Bar, decks and dance floor.
The business, which has been trading under administrator PB Recovery, achieved a turnover of £478,009 in the 14 months to 31 July 2006.
Acting for the administrator, business transfer agent Forum sold the 30-year renewable lease (which started in July 2000) for close to the £200,000 asking price. Passing rent is set at £57,500.
By Angela Frewin