Aberdeen City Council seeks new tenant for the high-profile Marischal Square unit after lease termination.
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The recent termination of Tony Macaroni’s lease in Aberdeen has raised eyebrows and sparked discussions about the future of the popular Italian chain in the city. Following months of unpaid rent, Aberdeen City Council has taken decisive action, launching an immediate search for a new tenant for the prominent Upperkirkgate unit located within Marischal Square.
This development marks a significant turn of events for the restaurant, which has been a staple in the area.
Details of the eviction process
Reports indicate that the Italian restaurant chain was given notice of eviction several months ago, and a formal court process is now underway to remove them from the premises.
Sources close to the situation suggest that the alleged arrears amount to six figures, prompting the council to emphasize that legal measures are already in motion to recover the owed funds. This situation highlights the challenges faced by businesses in the current economic climate, where financial stability is increasingly precarious.
Search for a new tenant begins
As the council moves forward with the eviction process, they have confirmed that prospective new tenants have been discreetly viewing the unit during their visits to Tony Macaroni for lunch. This proactive approach indicates a strong interest in the location, which has been a popular dining destination. The council’s spokesperson stated, “Under the terms of the lease agreement, Aberdeen City Council has ended the lease with Tony Macaroni. The site is being actively marketed for a new tenant.” This statement underscores the urgency of finding a replacement to fill the void left by the restaurant.
Implications for the local dining scene
The closure of Tony Macaroni adds to the growing list of businesses struggling to maintain operations in Aberdeen. Notably, this is not the first instance of a business leaving the council with outstanding debts; the failed Resident X also left a financial burden. The recent closure of the crisis-torn food hall and bar, which had previously taken out a £1 million loan from the council, further illustrates the difficulties faced by the local dining scene. As the council seeks to attract new tenants, the future of Marischal Square remains uncertain.
Property listing and rental details
In light of the lease termination, property managers CBRE have publicly listed the unit for immediate rental. The listing, titled “former Tony Macaroni restaurant,” invites interested parties to reach out for further details. While specific rental rates are not disclosed, the property has a rateable value of £58,000 per year, with business rates set at £31,610 annually. This information is crucial for potential tenants considering the space, as they navigate the financial landscape of operating a business in Aberdeen.
Current status of Tony Macaroni
As of the latest updates, Tony Macaroni appears to be operating as usual, despite the ongoing legal proceedings. However, the uncertainty surrounding its future raises questions about the restaurant’s ability to continue serving its loyal customers. The situation serves as a reminder of the challenges faced by the hospitality industry, particularly in a city like Aberdeen, where economic fluctuations can significantly impact business viability.
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