July 11, 2012 matthew.fahey@gmail.com

ROMANIAN CHAIN TO OPEN 1ST RESTAURANT IN LONDON

Trattoria Il Calcio, the Italian restaurant chain currently operating 12 restaurants in Romania, have completed on the acquisition of their first UK restaurant; Mangosteen, 251 Old Brompton Road, SW5 9HP.

They paid a positive premium of £80,000 for the residue of the leasehold interest with an unexpired term of approximately 17 years and a current passing rent of £35,000 per annum. The restaurant is situated next door to Balans, close to the junction of Earls Court Road, extends to approximately 1,344 sq ft (125 sq m) on ground and basement and accommodates around 60 covers with a further 10 to 14 in a private dinning area.

The Il Calcio Romanian operation attracts numerous Hollywood A-Listers including the likes of Nicolas Cage and Jack Nicolson.

Coleman Dean and Selsian advised jointly on this assignment, Il Calcio wereunrepresented.