JP Morgan has secured Japanese sake concept Edo Izakaya as a tenant for a 1,894 sq ft space at 154 Old Street, EC1, completing the site’s restaurant line-up.
The food and beverage concept, founded by Robata owner Sonny Huang, has signed a 15-year lease and is set to open in December. It will join Tayēr+Elementary, Trade Coffee and Officinia 00 at the site. Further terms of the deal were not disclosed.
Named after the informal bars popular in Japan, Edo Izakaya will have capacity for 80 covers, including a chef’s table and lounge bar area, and provide an extensive sake menu. The interior was designed by TurnerBates.
Tony Levine, director of leasing at Shelley Sandzer, which advised JP Morgan Asset Management, said: “Our curation of F&B concepts in JP Morgan’s Old Street portfolio emphasises Shelley Sandzer’s effectiveness of collaborative relationships with landlords and brands. Our approach allows us to match the right operators to the right locations, allowing both to flourish in key areas of the capital.”
Shelley Sandzer was first appointed by Great Portland Estate before it sold the development to JP Morgan Asset Management. It acted for the landlord alongside Bruce Gillingham Pollard. Edo Izakaya dealt direct.
To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews
Image courtesy of PR
See which agents are doing the most deals in the London submarket >>