The flagship Cha Cha Moon restaurant in Kingly Court near London's Carnaby Street has been brought to market for £700,000 for the leasehold interest.
The restaurant opened in 2008. Originally developed by restaurateur Alan Yau, it is now owned by Kuwait-based Kout Food Group. According to Christie & Co, which is marketing the property, KFG is selling the lease to focus on other business interests.
Cha Cha Moon is a ‘fast casual' Chinese noodle bar. The premises, spread over the ground and first floors of a three-storey terrace, currently caters for 165 covers across communal tables and benches with an open kitchen to the rear.
Christie & Co is seeking offers in excess of £700,000 for the leasehold interest with all fixtures and fittings and an annual rent of £410,000. The first round of offers is sought by 25 October.
In 2008 Yau sold his Michelin-starred restaurants Hakkasan and Yauatcha to Tasameem for more than £30m, and the second Cha Cha Moon site in Whiteleys shopping centre in west London closed less than a year after opening in 2009.